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This is a tacit acknowledgment that financial firms often have a choice over where to base themselves, and regulatory regimes will play a part in that.Britain's financial system, which has served as a model for regulators from Hong Kong to Dubai, is based on broad principles and "risk-based" regulation.
Attempts to artificially cabin opinions that are based on broad principles are bound to fail.
Until the 1960s, standards were simple and based on broad principles.
Accounting rules are increasingly interpreted prescriptively rather than based on broad principles that are seen as too fuzzy to hold up in court.
PricewaterhouseCoopers (PWC) has also decided to split into two or three, though its plans depend on the details of the new rule.One problem for the firms is that the SEC's proposals, so far, are based on broad principles.
A group of the largest hedge funds receive closer scrutiny, including monitoring visits, from the authorities.Yet once hedge funds are established in Britain, the regulator uses a relatively light touch based on broad principles, including protecting consumers and promoting competition.
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The Regina Manifesto, adopted at the party's first annual convention at Regina, Sask., in 1933, was based on broad socialist principles.
On Saturday, Palestinian officials signaled another possible source of pressure on Israel, saying they would accept a French proposal to attend a peace conference in Paris next month with the aim of restarting negotiations based on the broad principles laid out by President Obama last month.
Interviews with GPs/NPs, patients and vocational advisors will initially be coded in N-vivo 9 and subsequently analysed in search of common themes and differences, using the constant comparative framework, based on the broad principles of grounded theory [ 43].
Despite the structural complexity of the adult kidney, attempts to identify adult kidney stem cells have been made based on the broad principles of stem cell biology, such as prolonged cell-cycling time (label-retaining cells), Hoechst dye extrusion (side population cells), by growth in restrictive cell culture conditions, or expression of markers for other tissue stem cells or embryonic kidney.
Our hope and our faith are based on broader considerations.
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