Sentences with phrase «with regulated financial institutions»

«The end - game solution is that central banks will be able to use legal tender issued on the blockchain, with all the checks and balances you'd have with regulated financial institutions.»

«The end - game solution is that central banks will be able to use legal tender issued on the blockchain, with all the checks and balances you'd have with regulated financial institutions,» Bitt co-founder Oliver Gale said of the project.

Not exact matches

Regulated financial institutions in India can no longer deal with virtual currencies, the Reserve Bank of India said Thursday.

FCAC is mandated with ensuring that federally regulated financial institutions adhere to the consumer provisions of the legislation set out to govern them.

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.

At the identical time, the central financial institution has formally banned regulated entities resembling banks from coping with or offering companies to people or companies coping with digital currencies.

Since 1984, we've grown from a single branch operating in Edmonton, Alberta, to a western - based, federally regulated financial institution with a national presence.

In effect any financial institution whose operations are in direct contravation with the stipulated banking laws regulating the various banking engagement could be revoked.

Here, insofar as company results are analyzed, book value (i.e., net asset value per share computed in accordance with Generally Accepted Accounting Principles [GAAP]-RRB- is usually ignored in almost all analyses of companies other than financial institutions and regulated utilities.

«If you tighten rules and raise the bar on getting a mortgage from financial institutions, it may prompt a number of borrowers who are being shut out to deal with lenders that are in the less regulated space,» said RBC senior economist Robert Hogue.

You deposit your money with a specially regulated financial institution such as a bank, building society or credit union for a fixed term in return for a fixed rate of interest.

You deposit your money (capital) with a specially regulated financial institution such as a bank, building society or credit union for a fixed term in return for a fixed rate of interest.

APRA licenses and monitors the financial soundness of the institutions it regulates, which gives you a higher level of protection than with unregulated entities.

The Financial Consumer Agency of Canada (FCAC) supervises federally regulated financial institutions to ensure they comply with federal consumer protectiFinancial Consumer Agency of Canada (FCAC) supervises federally regulated financial institutions to ensure they comply with federal consumer protectifinancial institutions to ensure they comply with federal consumer protections laws.

All federally regulated financial institutions are now prohibited from arranging mortgages, or a combination of a mortgage and other lending products with another lender in any form that circumvents the institution's maximum LTV ratio or other limits in its residential mortgage underwriting policy, or any requirements established by law.

The legislation involves and affects «regulated industries» that deal with third party money, which includes not only financial institutions such as banks but also lawyers and accountants.

Lighthouse continues to bring innovation in governance, compliance, and ediscovery with the acquisition of the leading chat ediscovery software and services used by financial institutions and other highly regulated industries worldwide.

Banks also have to answer to the Office of the Superintendent of Financial Institutions, a widely respected banking watchdog that issues guidelines and supervises and regulates federal financial institutions with a fFinancial Institutions, a widely respected banking watchdog that issues guidelines and supervises and regulates federal financial institutions with Institutions, a widely respected banking watchdog that issues guidelines and supervises and regulates federal financial institutions with a ffinancial institutions with institutions with a firm hand.

Regulated financial institutions in India can no longer deal with virtual currencies, the Reserve Bank of India said Thursday.

Regulated financial institutions in India can no longer legally deal with cryptocurrencies, the Reserve Bank of India announced Thursday.

However, starting now, the RBI has banned regulated financial institutions from legally dealing with cryptocurrency.

This means that for any financial system to operate in Indonesia, they should be prepared to register their stake with the central bank and be regulated just like any other financial institution.

The trial notably showcases a willingness on the part of a regulated financial institution to experiment with a public blockchain.

«We are committed to making sure customer funds are always secure and this update means that our e-money operations have safeguards and operational standards at par with other regulated financial institutions,» explains CEO Feroz.

According to a statement released by the Indian central bank, Reserve Bank of India, regulated financial institutions in India will no longer be able to do business with any individual or company involved in cryptocurrencies.

A financial institution that's regulated by the FDIC, for example, needs to be concerned with not hiring individuals who have certain offenses that are covered under Section 19.

The bulk of the law deals with the arcane world of hedge funds, derivatives markets, and the nuts and bolts of regulating the country's financial institutions, big and small.

CEO and founder David Manshoory says the company is more transparent in the lending process than a regulated financial institution and users have «the ability to fund a loan much more quickly and with much more flexibility than banks.»

It is only when AIC members perform work for US clients where a real estate secured loan is being made by a federally regulated financial institution that they must comply with USPAP standards.

A federally regulated financial institution is prohibited from arranging with another lender a mortgage, or a combination of a mortgage and other lending products, in any form that circumvents the institution's maximum LTV ratio or other limits in its residential mortgage underwriting policy, or any requirements established by law.