Requirements
in sentence
907 examples of Requirements in a sentence
The most significant deliverable of the OECD’s BEPS initiative lies in its new country-by-country reporting requirements, which force multinationals to provide aggregate information annually, in each jurisdiction where they do business, relating to the global allocation of income and taxes paid.
The EFC would be authorized to request an amended assessment of a country’s fiscal trajectory and
requirements.
To the extent that it raises living standards, the “China Model” fulfills some
requirements
of political legitimacy.
We should not underestimate the creativity of financiers seeking to escape capital
requirements
and leverage up.
But in MENA countries, the conditions for doing business with the government – including tendering requirements, payment schedules, and bureaucratic demands – tend to be prohibitive for small firms (10-50 employees).
all comply with Chinese government censorship
requirements.
A good model for this is the United Kingdom’s “regulatory sandbox” for financial-technology companies, which imposes lower regulatory
requirements
on emerging players until they reach a certain size.
If capital
requirements
are pushed too high, banks become less profitable, making it more difficult for them to channel savings to investment and undermining economic growth.
Baseline regulation would be the typical mixture of the two, but individual banks could opt for substantially higher capital
requirements
in exchange for permission to engage in riskier investments and operations.
Bangladesh’s central bank, for example, has introduced rules to encourage financial inclusion, including
requirements
that banks use a percentage of their disbursements to strengthen agricultural and rural credit lines.
This could have incited a complicated situation where Russians were faced with tough visa
requirements
when travelling between Kaliningrad and Russia proper.
By unexpectedly abandoning the euro peg on January 15 – just a month after reiterating a commitment to it – the once-disciplined SNB has run roughshod over the credibility
requirements
of time consistency.
Lawmakers must, for example, remove the obstacles that deter foreign and domestic investment; open closed professions; remove price caps; and reduce licensing
requirements
and other anachronistic barriers to firm entry and expansion.
For example, his opposition to governments’ authority to prohibit or regulate human behavior extended to licensing
requirements
for doctors and car drivers, as well as to anti-drug laws, which he believed operated as a subsidy to organized crime.
The higher the educational attainment level associated with an occupation’s requirements, the lower the probability of its displacement by a smart machine.
Given that China’s net external lending position amounts to $1.8 trillion, or 17.2% of GDP, the central bank has enough liquidity to reduce banks’ reserve
requirements
without resorting to unconventional monetary policy.
The Philippine law-enforcement agencies prosecuting the drug war have thrown out the rulebook and ignored fundamental
requirements
such as collecting evidence, adhering to due process, or even holding trials.
Throughout the crisis, as business confidence evaporated, banks were forced to sell assets and cut lending in order to maintain capital
requirements
stipulated by the Accords.
Unfortunately, the new Basel III Accord and the ensuing EU Capital
Requirements
Directive have failed to correct the two main shortcomings of international prudential rules – namely, their reliance on banks’ risk-management models for the calculation of capital requirements, and the lack of supervisory accountability.
First, capital
requirements
should be set as a straightforward ratio of common equity to total assets, thereby abandoning all reference to banks’ own risk-management models.
Most important, macroprudential regulation has been added to policymakers’ toolkit: simply put, it makes sense to vary banks’ capital
requirements
according to the financial cycle.
When credit expansion is rapid, it may be appropriate to increase banks’ capital
requirements
as a hedge against the heightened risk of a subsequent contraction.
But the second line of defense is macroprudential manipulation of capital requirements, to be applied across the board or to selected market segments, such as mortgages.
After more than a half-century of Israeli-Palestinian conflict, translating opportunity into reality will be difficult enough without introducing new
requirements
that, however desirable, are not essential.
In 2009, the European Union amended its fundamental treaty to include a statement that because animals are sentient beings, the EU and its member states must, in formulating policies for agriculture, fisheries, research, and several other areas, “pay full regard to the welfare
requirements
of animals.”
Having been burned by the crisis, banks have tightened their lending standards, and will now be subject to more stringent capital and liquidity
requirements.
The PBOC frequently does this by selling bonds to commercial banks or raising their reserve
requirements.
Banks serve a special function in the economy that does warrant a special role for the government: not in setting pay, but in imposing effective capital
requirements.
Higher and pro-cyclical equity-capital
requirements
on banks, combined with a requirement to raise contingent long-term debt – debt that converts into equity in a crisis – is a better way forward.
Regulators might consider imposing pro-cyclical equity
requirements
– increasing the equity percentage in boom times in order to offset losses in the inevitable bust times.
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