Sentences with phrase «taken by regulators»

This may also lead to a divergence in the approaches taken by regulators, depending on the type of ICOs and cryptocurrency activity that each jurisdiction most commonly sees.
Other matters to be addressed by the bill include the transposition of Directive 2013 / 55 / EU on the recognition of professional qualifications and the action to be taken by a regulator if a person has been prohibited / restricted from practising in another county.
Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance, said they were hopeful and expect a resurrection of the industry given the measures taken by the regulator to correct pricing within the industry.

Not exact matches

European regulators on April 20 adopted the actions taken by the FAA on Tuesday.
The Russian telecommunications regulator, Roskomnadzor, responded by adding millions of those cloud platforms» IP addresses to its blacklist, taking out bystander web services that also rely on the platforms.
Matthew Myers, president of the Campaign for Tobacco - Free Kids, commended the FDA's action, but said the regulator must do more «by taking off the market Juul flavors like mango and cool cucumber that clearly appeal to kids».
UBER benefitted by taking advantage of the unique circumstances in the cab industry and Manjoo claims that there are virtually no other major industries where those same characteristics apply — crappy customer experience; high, regulator - protected prices; monopolistic markets; huge numbers of daily users; lack of viable alternatives — ergo no more UBERs.
VW acknowledges that it installed a cheating algorithm in each car that takes in reams of data — about atmospheric pressure, how the car was being steered, how fast it was going and how far — then determines whether the vehicle is being tested by regulators or driven in the real world, applying emissions controls accordingly.
The status quo typically tends to stick around for a while in a telecommunications merger like this one, which could take a year or more to be considered by regulators.
Where an ISP is adjudged by a regulator to have monopoly power over final access to a customer a different view may be taken as has occurred in a number of recent decisions.
«We intend to notify government regulators that Goop is engaged in a deceptive marketing campaign unless, by August 18, 2017, you show us that you have taken action to remove the inappropriate health claims -LSB-...] and made every effort to alert Goop customers of these issues,» the letter read.
A company's brand and goodwill can be ruined overnight by a security breach, and prompt regulators to take a closer look at a company's operations.
Beyond the benefits of a bigger after - sales revenue stream, OEMs will have a strong incentive to service these vehicles, since regulators could ultimately force them to take on the greatest portion of the responsibility and risk associated with crashes caused by AV technical failures.
Henrico County - based Genworth Financial Inc. said Tuesday it will take steps to address its upcoming debt maturity of about $ 600 million as it again seeks approval from government regulators to be acquired by a China - based company.
Henrico County - based Genworth Financial Inc. said Tuesday it will take steps to address its upcoming debt maturity of about $ 600 million as it again seeks approval from government regulators to be acquired by a China - based company.
An executive said that the company was prohibiting the use of Greyball «to target action by local regulators» but that «it will take some time to ensure this prohibition is fully enforced.»
A report by the California Public Utilities Commission is due out this fall on the costs and benefits of rooftop solar that may help determine the direction regulators and lawmakers take on net metering programs in the state.
The market will naturally move towards the standards above, but regulators can expedite this process and earn more credibility by taking a leadership position in the process.
This increases the types of new businesses that can be created by virtue of the aggregators existing (YouTube creators, Amazon merchants, small publications, etc.); regulators should take care to preserve these new opportunities (and even protect them).
The crackdown on PlexCoin represents the first decisive action taken by the security regulator's new cyber fraud unit, but is part of a much wider agenda to regulate ICOs.
Federal regulators are taking comments on a draft environmental statement for the Liberty Project, a proposal by a...
However, the figures did not take into account the second round of credit restrictions imposed at the end of that month by banking regulator APRA and these are likely to show in coming months.
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14
ASIC is one of the leading Fintech regulators that actively promote fintech by taking progressive actions including setup of the Innovation Hub.»
The Australian government explains that it has taken the same approach that countries such as the United States, United Kingdom, and Canada have taken regarding digital currency businesses because it will facilitate innovation and follow guidance issued by the Financial Action Task Force — the international regulator for preventing money laundering, terrorism financing, and other dangers that hinder the world's financial system.
The U.S. Securities and Exchange Commission (SEC) has taken special interest in ICOs, warning companies that their definition of a «utility token» will come under intense scrutiny by federal regulators.
The major coins have declined sharply this month after Chinese regulators banned initial coin offerings (ICO), the crowdsourcing model that has taken the world by storm.
The regulator adds that Ameriprise fired Mata in March 2009 for violating company policies by recommending that clients «take out risky loans to finance investments, presenting unapproved seminars, employing individuals without conducting proper background checks and operating SCI as a competing investment company.»
Federal regulators today voted to approve the «Volcker Rule,» aimed at limiting risk - taking by big Wall Street banks.
Against this backdrop, the company faces a class action, is being investigated by ASIC and the competition regulator ACCC has taken legal action in the Federal Court, alleging unconscionable conduct and misleading farmers in relation to forecasting a milk price of $ 6.05 when it allegedly knew dairy commodity prices were falling globally.
Media: [see case page for more] John Durie, «Tabcorp decision to switch regulators mid-race is being led by lawyers» (The Australian, 13 March 2017), James Thomson and John Stenshold, «Tabcorp takes Tatts Group merger case straight to Competition Tribunal» (Australian Financial Review, 13 March 2017) and AAP, «Tabcorp takes Tatts bid to tribunal» (SBS, 13 March 2017).
But ACCC chairman Rod Sims has indicated the regulator is taking ring - fencing seriously as part of its investigations into misuse of market power by the major chains.
He said the decision to institute the proceedings would in no way impact on whether the regulator took action over allegations by suppliers that retailers were engaging in unfair behaviour.
But in the past few weeks the sector took a fresh round of hits when franchise group Aussie Farmers collapsed, RFG announced an $ 88 million loss and flagged up to 200 franchise - run stores would close, while pizza giant Domino's reported disappointing results on the back of franchisees complaining about a brutal business model, and Caltex announced it was ditching its franchise model days before a damning report was released by the workplace regulator that found 76 per cent of its franchised stores had payroll compliance breaches that included underpaying workers.
Deputy County Executive Richard Tobe says the county is at risk of heavy fines if regulators determine the documents taken by the Comptroller's Office were released improperly.
By the time you are in the business of publishing newspapers you are capable of acting as a rational economic actor and deciding whether to pay regulator fees or take your chances with exemplary damages.
The governor began undermining Schneiderman upon taking office in 2011, when he birthed the Department of Financial Services by merging two hitherto sleepy state regulators and created a competitor cop on the Wall Street beat.
It is a matter of concern, not just for the Building Society sector, but new entrants and other existing players that actions taken by policy makers and regulators are driving UK financial services inexorably down the path of sameness.
Commenting on the announcement by exams regulator Ofqual that it is requiring each exam board to take actions to improve the control of exam papers, Chris Keates, General Secretary of the NASUWT, the largest teachers» union, said:
Giannoulias has seen his bid for the Senate rocked by the controversy over his family's bank, which was taken over by federal regulators earlier this year.
President Donald Trump took aim Tuesday at a rule that outlines the reach of the Clean Water Act, saying the rule was a «massive power grab» by federal regulators.
Environmental regulators compounded the health problems by failing to acknowledge them and take steps to protect the public's health.
A meeting run by the science and engineering academies of the UK, US and China that will take place in Washington DC next week aims to assess the prospects for synthetic biology, and the concerns about its potential, by bringing together natural scientists, social scientists, artists, regulators, science funders and critical NGOs.
By employing this taking proteomics - based approach, they have identified novel regulators of HIF - 1 transcriptional activity as well as direct regulation of the DNA replication machinery by HIF - By employing this taking proteomics - based approach, they have identified novel regulators of HIF - 1 transcriptional activity as well as direct regulation of the DNA replication machinery by HIF - by HIF - 1.
And in a certain case by Deepak Srivastava, where he could take skin cells and put them into a - make them into a heart, he actually took the master regulators of the heart cells themselves, these cell - specific regulators that tell a gene to turn on in a heart cell, and that turned these cells into a beating tissue.
Due to a very long approval process by government regulators, research can take millions of dollars and decades to approve a compound as a new treatment.
Exams regulator Ofqual has warned that there is an increasing number of scams taking place in schools by individuals posing as exams officers in order to obtain unseen test papers.
The regulator, which is responsible for ensuring charity law is followed by private schools and unregistered settings with charitable status, has announced inquiries into three schools since January and appointed an interim manager to take over safeguarding at a fourth.
But this scheme (described by some as a return to O - levels taken until the later 1980s) was abandoned in the face of strong opposition from the Liberal Democrats, the exams regulator Ofqual and MPs on the Education Select Committee.
Managers, investors, lenders and regulators take the measure of a company by calculating financial ratios using information from the balance sheet, often in conjunction with other reports such as the income statement.
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