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Two days before Kentucky was to begin implementing the new rules, the judge stopped the state.
Since January 1st many European banks have begun implementing the new rules, which govern how much capital they must set aside to cushion themselves from various calamities.
Some environmentalists are critical of the effectiveness of the global offset market, but this mechanism will likely have a prominent role in implementing the new rules.
At one point in his address, Mr. Bloomberg appeared to bristle at a question from a reporter on whether the cost of implementing the new rules would be onerous.
A survey by information solutions company Docucorp found 92% of senior insurance managers were concerned that firms would not be ready, while 92% also thought the FSA had under-estimated the cost of implementing the new rules.
In his statement, he said: I look forward to a process, called for by the new regulation, in which the boards of directors and the top management of our leading commercial banks will cooperate closely in implementing the new rules within the institutions for which they are responsible.
Similar(47)
Provinces began implementing the new rule only in January.
Pan said that there was variation in how health departments across the state were implementing the new rule and that there had been difficulties developing an exemption process.
The FSA wants to implement the new rules by November after consulting the City.
National regulators of the 27 members of the European Union are expected to implement the new rules by January.
Companies may choose between the full retrospective method and the modified retrospective method to implement the new rules.
More suggestions(18)
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implementing the new regulation
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implementing the new measures
implementing the regulations
implementing the rules
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com