Sentences with phrase «threat to the financial stability of»

Yesterday a Russian minister told the media that Bitcoin «will represent a real threat to the financial stability of the state.»

However, there are opponents to this proposed legislation and they claim that this would prove to be a threat to the financial stability of the present no - fault system in the state.

Not exact matches

The best tools for the job of warding off threats to financial stability appear to be regulation, supervision and macro-prudential policy.

Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

In particular, cyber threats pose a potentially systemic risk to financial stability through the disruption or corruption of critical payment, clearing and settlement systems and related data.

In carrying out this task, the Committee places particular emphasis on assisting central bank Governors in recognising, analysing and responding to threats to the stability of financial markets and the global financial system.

Prior to the meetings scheduled for today and tomorrow, vice president of Germany's Bundesbank, Claudia Buch, stated that «the role of crypto tokens in money laundering and criminal activity must also be closely examined,» but also that she doesn't «see a threat for financial stability at the moment as the speculations are generally not financed with loans and the relevant markets are rather small.»

The People's Bank of China announced an immediate ban on initial coin offerings and declared them illegal and a threat to financial stability.

Canadian household debt was 167 per cent of income in the second quarter, a level that the central bank considers a threat to financial stability because a wave of personal bankruptcies and home foreclosures could cripple the banking system.

This addition reflects the assessment of U.S. intelligence agencies that the global financial crisis presents a serious threat to international stability.

The joint agreement also seeks more frequent reports from the International Monetary Fund (IMF) and Financial Stability Forum on threats to global economy and, in a bid to «improve transparency of markets», calls on the IMF to «strengthen and clarify» its responsibility towards the overseeing of macro financial sFinancial Stability Forum on threats to global economy and, in a bid to «improve transparency of markets», calls on the IMF to «strengthen and clarify» its responsibility towards the overseeing of macro financial sfinancial stability.

«Most participants judged that the benefits of using monetary policy to address threats to financial stability would typically be outweighed by the costs associated with deviations from the Committee's employment and price - stability objectives induced by such actions; some also noted that the benefits are highly uncertain.»

«Our view is that these so - called macroprudential policies are best placed to deal with threats to financial stability because they can be designed to target specific financial vulnerabilities,» Poloz said, according to a text of his speech released in Ottawa.

The signs have all been there, not the least of which is the recognition by the G20 finance ministers that climate change represents a threat to the stability of the global financial system.

It warned on the threat to international financial stability should the situation in Russia deteriorate to the point of a default.

The overall aim is to preserve financial stability even in times of crisis while making it unnecessary to use billions of taxpayer money to rescue so called «systemically important» banks — banks whose collapse would put a serious threat to financial market stability.

Article 28 of that Regulation gives the ESMA the power to intervene, under certain conditions, through legally binding acts in the financial markets of Member States if there is a «threat to the orderly functioning and integrity of financial markets or to the stability of the whole or part of the financial system in the Union».

«Robust regulation will help protect both retail and institutional investors, help combat cryptocurrency criminality, and reduce the potential threat of disrupting global financial stability, as well as offering a possible long - term economic boost to those countries which introduce it.

Smlouvyo 4, paragraph 2 of the European Union and Article 3, paragraph 1 of Council Regulation (EC) No 1408/71 (or Article 4 of the European Parliament and Council Regulation (EC) No 883/2004), the fact that the Czech authorities could zaokolností what vprojednávané things, provide preferential treatment (kdávce compensatory allowance at the age where the amount of benefits granted under Article 20 of the Treaty concluded 29th 10th 1992 between the Czech and the Slovak Republic on Social Security and Council Regulation (EC) No 1408 to 1471 (Regulation č.883 / 2004) lower than the dose that would be received, if the pension calculated under the laws of the Czech Republic), only citizens of the Czech Republic, if ktakovému treatment creates a fundamental right to security in old age unloaded by the Constitutional Court of the Czech Republic specifically in relation kdobám pension acquired vzaniklé CSFR and perceived as part of the national identity, and, if such treatment is stonarušit right of free movement of workers as a fundamental right of the Union, a situation kdybyposkytnutí reciprocal treatment accorded to nationals of EU Member States kteřítakézískali vzaniklé CSFR equivalent of pension security led kvýznamnému threat from the financial stability of the pension fund of the Czech Republic?

So when Carstens warns «cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability,» he is talking about the financial stability of the banking fat - cats.

Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

In other parts of the world, authorities are cracking down on Bitcoin and cryptocurrencies like it amid concerns its wild price swings pose a threat to financial stability.

It will pose a serious threat to the financial stability not only of India, and in fact more, in the case of the developed world.

According to the chairman of the Financial Stability Board (FSB) Mark Carney, who is also the governor of the Bank of England, cryptocurrencies don't pose a threat to global financial sFinancial Stability Board (FSB) Mark Carney, who is also the governor of the Bank of England, cryptocurrencies don't pose a threat to global financial sfinancial stability.

One important information arising is that the financial stability board Chairman Mark Carney who also happens to be the governor of the Bank of England does not believe that cryptocurrencies present any threat to the stability of global finance.

A parade of central bankers and supranationals masquerading as cryptocurrency experts contributed to the declines by calling bitcoin a «threat to financial stability» and warning that «policy intervention,» even «preemptively,» would be needed.

In a letter to the G20 central bank governors and finance ministers, Mark Carney, the head of FSB who is also the governor of the Bank of England (BoE) said that the FSB carried out an extensive review of all the possible threats that the cryptocurrencies could have on the financial stability of the world.

On the other hand, Brainard argued that cryptocurrencies were unlikely to «pose a threat to financial stability,» given that the assets are not commonly used in payments and there is little evidence that investors have borrowed large amounts of money to invest in them.

BTC / USD continues to fluctuate around $ 8,000 this week, prices having increased almost $ 1,000 in 24 hours following comments from regulators ahead of this week's G20 Summit that crypto does not pose a threat to global financial stability.

The warning stated that ICO projects are a threat to the stability of China's financial sector.

He also argued there was no legal provision backing up crypto transactions and referred to cryptocurrency as a «serious threat to the financial stability» of India and the developed world.

The cryptocurrency market rebounded as much as 15 % after a top central banker advised the Group of 20 that digital assets posed no serious threat to financial stability.

Federal Reserve Governor Lael Brainard said the central bank is monitoring the «extreme volatility» of cryptocurrency prices, particularly bitcoin, but does not believe virtual currencies pose a current threat to U.S. financial stability.

The People's Bank of China (PBoC) has announced an immediate ban on initial coin offerings (ICOs) declaring them illegal and a threat to financial stability.

During a speech at the inaugural Scottish Economics Conference on March 2, 2018 Governor of the Bank of England Mark Carney warned of the financial risks of purchasing and owning cryptocurrencies, and discussed how they are becoming an increasingly large threat to financial stability in the UK.

I don't see a threat to our core financial institutions, so undoubtedly, there are individuals who could lose a lot of money if Bitcoin were to fall in price, but I really don't see that as creating a full - blown financial stability risk.»

The prognosis for the housing market in Canada in the first six to nine months of 2009 is «somewhat static, given continued volatility in financial markets and the threat of recession, but as stability returns to the financial sector, housing markets are expected to bounce back,» says Re / Max in its Housing Market Outlook for 2009.