In this context, non-discretionary backstop
The Federal Benchmark provided provinces and territories flexibility to implement their own carbon pollution pricing systems and committed to implement a Federal Backstop
that would be imposed upon any province or territory that did not have a qualifying carbon pricing system in place by 2018.
The application of the backstops
should not result in cliff-edge effects but should rather be implemented in a suitable gradual way by banks from the moment of NPE ("non-performing exposure") classification until the moment when 100 percent prudential provisioning is expected," the draft showed.
Global Banking News-September 29, 2017--EU banking watchdog suggests backstops
for bank rescues
Forty-three percent of institutional investors in the Backstop
poll said their firm had increased its budget for cybersecurity in the last year, including outlays for prevention.
After the election, if the Republicans gain control of the Senate, there is a higher chance the backstop
will not be extended or, if extended, the extension might be for only one year," he said.
The inventor of the Backstop
Buddy has developed a working prototype that has been utilized with success.
That is why the common backstop
is so important, they explain.
It has to be assessed on a case-by-case basis to what extent a temporary access to a public backstop
is needed to ensure a quick and smooth recapitalization without excessive use of taxpayer money or a negative impact on financial stability," said Mersch.
A better way to stop BBs is to provide a backstop
that has some give--like a piece of wall-to-wall carpet.
The insurer is understood to have dubbed the pounds 1bn backstop
fund "Armageddon money", as it would be used to cope with a one-in-100-year economic downturn.
Formsprag Clutch (South Beloit, IL) has introduced a new high speed backstop
designed with inner race centrifugal throw-out sprags to meet the backstopping requirements of inclined conveyors or bucket elevators that use a gear reducer with the backstop
mounted externally on the high speed or intermediate shaft.