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31 Mar 2020, 2:30 pm by Joel R. Brandes
Duration of maintenance award will not be disturbed so long as the statutory factors and the parties’ predivorce standard of living were properly considered. [read post]
31 Mar 2020, 9:37 am by Hilary Hurd
While the latter list includes some obvious essentials—food retailers, banks, gas stations, police patrol stations and newsrooms—it also includes some surprising additions such as bicycle shops, dry cleaners and breweries. [read post]
On 27 March 2020, the European Banking Authority (EBA) published final draft regulatory technical standards (RTS) on the new Internal Model Approach (IMA) under the Fundamental Review of the Trading Book (FRTB). [read post]
31 Mar 2020, 4:31 am by Shannon O'Hare
No authorisation is required if the lender is a local bank. [read post]
30 Mar 2020, 9:01 pm by Joanna L. Grossman
It matters even more under Massachusetts law, which provides greater protection to employees than does federal law.Let’s consider liability for sexual harassment under federal law first.In the Supreme Court’s first harassment case, Meritor Savings Bank v. [read post]
30 Mar 2020, 2:14 pm by Scott A. Coleman
  Pursuant to the EGRRCPA, Bank regulators had announced the Community Bank Leverage Ratio at 9% of Total Assets. [read post]
30 Mar 2020, 12:45 pm by Simon Lovegrove (UK)
On 27 March 2020, the Basel Committee on Banking Supervision (Basel Committee) announced the following changes to its implementation timeline of the outstanding Basel III standards: implementation date of the Basel III standards finalised in December 2017 has been deferred by one year to 1 January 2023. [read post]
30 Mar 2020, 9:19 am by Steven Boutwell
What are the terms of the loan (initial deferment, repayment term, interest rate, collateral, personal guaranty, bank fees)? [read post]
30 Mar 2020, 3:03 am by Lynn Jokela
Rationale for slipping this provision in the CARES Act seems to be that since the standard requires banks to look forward while taking into consideration past experience and current conditions to predict which loans will be losers, given the current economic climate, that might prove problematic. [read post]
30 Mar 2020, 2:05 am by Rebecca Salamacha
Banking organizations that are required under U.S. accounting standards to adopt CECL this year can mitigate the estimated cumulative regulatory capital effects for up to two years. [read post]
27 Mar 2020, 3:38 pm by John Jascob
Section 4014 within the Coronavirus Economic Stabilization Act of 2020 provides that insured depository institutions, bank holding companies, and their affiliates need not comply with the Financial Accounting Standards Board’s new standard regarding current expected credit losses (CECL) contained in FASB Update No. 2016–13 (Measurement of Credit Losses on Financial Instruments). [read post]
27 Mar 2020, 7:53 am by Salma Mokbel
§ 1030.[5]   Social media scams fraudulently seeking donations or claiming to provide stimulus funds if the recipient enters his or her bank account number. 18 U.S.C. [read post]