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The country contends that complying with such an order would violate Swiss law.
UBS could try to avoid complying with such an order, he said, by citing confidentiality laws.
Complying with such requirements is too costly for the small loans the industry dispenses, lenders argued.
However, there are costs to complying with such rules, since issuers and investors must adopt procedures to block communication of material non-public information.
Furthermore, it prohibits an EU person from complying with such regulations and approves the imposition of penalties by the home countries of any entity that does comply.
And Internet providers, which are legally obligated to remove pirated material from Web sites they host once a copyright holder asks them to do so, are accustomed to quickly complying with such requests.
Similar(41)
Failure to comply with such a notice is a criminal offence and the fine is hefty.
However, officials have traditionally felt obliged to comply with such requests.
The Florida Supreme Court has stated that "substantial compliance" is sufficient to comply with such mandatory filing deadlines.
The applicant shall comply with such rules or regulations as may be prescribed by the Director.
comply with such other terms, conditions, and restrictions as the Secretary may prescribe.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com