The company said it will develop a "detailed implementation plan" over the next few months, and the new structure will be implemented in January.
The deal was implemented in January, and triggered the removal of sanctions.
Even more problematic, a new value-at-risk model was implemented in January, which, unknown to the team ultimately allowed for even more leeway, creating a false sense of security.
Two months is too long, but markets are forward-looking, and if people get the sense that real change (major fiscal stimulus, spending the rest of the TARP, saving the automakers, and so on) will be implemented in January, it could create a sense of optimism, however fleeting.
It recently proposed a new scheme, to be implemented in January, which will ensure workers are paid through an electronic, government-run system rather than in cash by their employers, as part of a campaign against companies that fail to pay workers on time.
Robert Littas, vice-president for fraud management at the European arm of Visa, says that a new system called VISOR, implemented in January across all European banks that issue Visa credit cards, has reduced fraud from 1,576 cases per month across seven test banks to 458 cases.
A previous truce implemented in February also fell apart.
Another provision, for the establishment of a new anticorruption agency, was implemented in August.
But today's measures are only a "minor" tightening, on top of the tighter rules which were implemented in April (the mortgage market review).
Baidu's new advertising keyword system was fully implemented in December, providing a more sophisticated targeting and bidding for search keywords and tools to track user traffic.
The contract, due to be implemented in August, was imposed after negotiations with the doctors' union, the British Medical Association BMAA), failed to reach an agreement.
