Sentences with phrase «with financial regulators»

For Zhao who began his crypto career at the digital wallet provider, blockchain.info, his battle with financial regulators and watchdogs may just be getting started.

Luminaries in the bitcoin community have launched a self - regulatory body in an apparent attempt to gain a cohesive voice in the ongoing tussle with financial regulators.

By September, the People's Bank of China, working in tandem with the financial regulator in the country, was banning initial coin offerings (ICOs) and shutting down domestic fiat - to - crypto order book trading.

The junior «brokers» or «analysts» (these terms do not necessarily signify professional qualifications nor registration with a financial regulator) are young, paid on commissions and egged on by more experienced senior brokers.

Not exact matches

Swiss financial regulator, FINMA, announces that is looking into specific Swiss banks, including whether they did business with 1MDB.

It's this seemingly contradictory quality that Raj Date, a Circle investor and erstwhile architect of the Consumer Financial Protection Bureau, dubs «paradoxical conservatism» — as demonstrated by Circle's tightness with regulators.

This includes private companies and cooperatives that file a 10 - K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators.

NEW YORK, April 12 (Reuters)- Global energy giants Chevron Corp and Exxon Mobil have asked U.S. regulators for exemptions to the nation's biofuels policy that have historically been reserved for small companies in financial distress, according to sources familiar with the matter.

As a financial regulator during the time, I worked with members of the House and Senate on some of the Dodd - Frank provisions and helped craft (and vote for) over 60 regulations.

Oliver said foreign governments had long looked upon Canada's system of 13 separate provincial and territorial regulators with «bemusement» at a time of global financial markets.

Japan's financial regulator will conduct on - site inspections on several cryptocurrency exchange operators this week and may further expand its probe to others, a source with direct knowledge of the matter told Reuters on Thursday.

Japan's financial regulator will conduct on - site inspections on several cryptocurrency exchange operators this week, a source with direct knowledge of the matter told Reuters.

In the past year, Canadian securities regulators have raised the bar for exempt - market dealers, requiring them to be registered and bonded, issue an offering memorandum with every deal and provide audited financial statements to investors annually, says Sand, who supports this new layer of assurance.

He argued that too much liquidity was pumped into the marketplace to deal with the 2008 global financial crisis — noting that not even regulators can improve the frothy situation.

«We are aware that there could be negative ripple effects should geopolitical risks resurface,» Kim Dong - yeon told a hastily arranged policy meeting with the central bank and financial regulators before financial markets opened.

FORTUNE — While the banks that managed to survive the financial crisis have largely mended their own balance sheets, they are far from out of the doghouse with regulators.

The SEC, the top securities regulator in the United States, has little authority over privately held companies, which unlike publicly traded companies do not have to register or file financial information with the agency regularly.

A crackdown in Ontario last month put the spotlight on these products when the province's financial services regulator issued $ 1.1 million in fines against four parties that were involved with syndicated mortgages for real estate development projects in which Ontario - based Fortress Real Developments Inc. was a developer or development consultant.

Because of its problems with regulators, Zenefits says that Parker has agreed to step down and let Sacks, who has experience navigating complex financial regulations as PayPal's former COO, to take over as Zenefits» CEO.

The financial regulator is likely to move forward with this decision considering it has already banned a former senior UBS trader for failing to adequately supervise his junior colleague Kweku Adoboli.

China's financial system is plagued by unlicensed financial activity and illegal fundraising, thanks to a system of corrupt regulators colluding with wrongdoers, said Xu Jia'ai, the newly appointed head of discipline at China's central bank, this week.

«I think psychologically, after going through the financial crisis, banking regulators and examiners have reacted in a way where their relationship has changed with the banks they supervise,» said Brian Gardner, a policy analyst at Keefe, Bruyette & Woods.

An official with Japan's financial regulator has said that it will not allow the sale of cryptocurrency futures on the country's exchanges any time soon, though it may revisit the matter later.

While the pace of change is exciting for innovators and market makers, it causes enormous friction for traditional institutions who control financial services today, as well as for regulators who are grappling with rules that were not meant to govern financial transactions using the latest technologies.

We have been working with APRA through the Council of Financial Regulators to address this risk.

Dodd - Frank created a new group of regulators, the Financial Stability Oversight Council, tasked with overseeing all finance firms — not just banks — whose failure could provoke a financiaFinancial Stability Oversight Council, tasked with overseeing all finance firms — not just banks — whose failure could provoke a financialfinancial crisis.

The «Elder Investment Fraud and Financial Exploitation Prevention Program» (EIFFE Prevention Program) educates healthcare and legal professionals to recognize when their older patients and clients may be vulnerable to or victims of financial abuse, particularly those patients with mild cognitive impairment, and then to refer these at - risk patients to State Securities Regulators, local adult protective services professionals or for further screening and assistance aFinancial Exploitation Prevention Program» (EIFFE Prevention Program) educates healthcare and legal professionals to recognize when their older patients and clients may be vulnerable to or victims of financial abuse, particularly those patients with mild cognitive impairment, and then to refer these at - risk patients to State Securities Regulators, local adult protective services professionals or for further screening and assistance afinancial abuse, particularly those patients with mild cognitive impairment, and then to refer these at - risk patients to State Securities Regulators, local adult protective services professionals or for further screening and assistance as needed.

WASHINGTON U.S. President Donald Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.

Everything I have mentioned so far today is consistent with the existing framework for financial stability policy in Australia: APRA has the mandate to use its powers to promote financial stability; it can take a holistic approach to risk; it can and does coordinate with other regulators, under the auspices of the Council of Financial Refinancial stability policy in Australia: APRA has the mandate to use its powers to promote financial stability; it can take a holistic approach to risk; it can and does coordinate with other regulators, under the auspices of the Council of Financial Refinancial stability; it can take a holistic approach to risk; it can and does coordinate with other regulators, under the auspices of the Council of Financial Rregulators, under the auspices of the Council of Financial ReFinancial RegulatorsRegulators.

Meanwhile, ASIC chairman James Shipton told The Australian Financial Review Banking & Wealth Summit the regulator was highly attuned to the fact the interests and actions of global investors intersected with the Australian market, in response to a question posed about activist shorts zeroing - in on Australian companies.

It does this by managing and providing liquidity to financial institutions, monitoring risks and cooperating with other organisations as part of the Council of Financial Refinancial institutions, monitoring risks and cooperating with other organisations as part of the Council of Financial ReFinancial Regulators.

In early deliberations over the financial regulatory plan known as Dodd - Frank, Summers captured the president's imagination with a colorful analogy that emphasized the need for a new agency to protect consumer interests, saying banking regulators could not be trusted to do the job, according to participants in the meeting.

Notably, the National Financial Work Conference has been the stage for: forming agencies to regulate the insurance and securities industries and bank bailout strategies in 1997, creating banking regulators and listing state - owned banks on exchanges abroad in 2002, creating the sovereign wealth fund, establishing the China Investment Corporation in 2007, which currently has assets of $ 813.5 billion, and developing methodologies for dealing with the global financial crisisFinancial Work Conference has been the stage for: forming agencies to regulate the insurance and securities industries and bank bailout strategies in 1997, creating banking regulators and listing state - owned banks on exchanges abroad in 2002, creating the sovereign wealth fund, establishing the China Investment Corporation in 2007, which currently has assets of $ 813.5 billion, and developing methodologies for dealing with the global financial crisisfinancial crisis of 2008.

Accreditation provides business owners, PEOs and PEO state / federal regulators with time - tested verification and financial assurance of all key areas of PEO reliability for both IRS - certified and non-certified entities.

On Friday, the financial regulator that oversees banking and securities and insurance in Japan published a warning about the risks associated with token offerings.

At the same time, not all regulatory expansions are desirable and in some contexts tougher regulation can be counterproductive for financial stability if it reduces profitability without offsetting benefit, if interferes with bank diversification, or if it causes regulators to become overly identified within regulated institutions.

Banks accused regulators of introducing «Basel IV» with the trading book review, meaning a step change in capital requirements from Basel III, the world's core regulatory response to the financial crisis.

Our Business Continuity Plan addresses all areas affected by a business disruption of any type, including data backup and recovery; financial and operational assessments; alternative communications with clients, employees and regulators; alternate physical location of employees; critical supplier, contractor and bank impact; and regulatory reporting.

The Financial Services Agency, the country's financial regulator, is expected to follow with its own probe in the cominFinancial Services Agency, the country's financial regulator, is expected to follow with its own probe in the cominfinancial regulator, is expected to follow with its own probe in the coming months.

According to the proposal, the OCC would coordinate with other applicable regulators, such as the Federal Reserve, Federal Deposit Insurance Corporation, and Consumer Financial Protection Bureau, depending upon the nature of the FinTech company.

Additional information about material risk factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward - looking statements may be found under «Risk Factors» in our most recent Annual Information Form, under «Risk Management», «Risk Factors» and «Critical Accounting and Actuarial Policies» in our most recent Management's Discussion and Analysis, in the «Risk Management» note to our most recent consolidated financial statements and elsewhere in our filings with Canadian and U.S. securities regulators.

Mark Branson, chief executive of the Swiss financial regulator FINMA, said on April 7 that it is dealing with a number of money laundering cases that look like «blatant and massive corruption», citing controversies around Brazil's Petrobras and 1MDB as two prominent examples.

Valeant announced today that it anticipates a delay in filing its audited annual financial statements for the year ended December 31, 2015, the related management's discussion and analysis, certificates of its CEO and CFO and its 2015 Form 10 - K (collectively, the «Canadian Required Filings») with Canadian securities regulators until after the March 30, 2016 filing deadline.

The company is in the process of restating the affected financial statements and the restated financial statements will be included in the company's Annual Report on Form 10 - K for the year ended December 31, 2015, which the company intends to file with the Securities and Exchange Commission and the Canadian Securities Regulators on or before April 29, 2016.

Switzerland's financial regulator will use recently published ICO guidelines to assess whether entities that have previously conducted ICOs in the country did so in accordance with the new directions.

The regulators have questions and concerns about how the funds would work and whether they could be priced and trade effectively, according to a financial industry source familiar with the SEC's thinking.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Reuters: «Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.

Unijni regulators repeatedly warned the consumers to higher risks associated with investing in kryptowaluty, with an emphasis on the lack of protection and understanding, loss of money and problems with financial nieuregulowanymi actions.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.