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...“Any expansion would also risk introducing moral hazard into DB scheme decision-making.”...
...Companies that employ CWU members include BT, Google, Apple, EE, Virgin Media O2 and Microsoft — groups at the vanguard of cyber protection....
...But Maxey really isn’t a fan of pod shops either, calling them a “massive moral hazard machine” that will probably be a major culprit in the next crisis....
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...Although deposit insurance provides some protection, researchers at the BoE have noted that it is a double-edged sword that encourages moral hazard in banks and systemic risk....
...“At stake is more than the reputation of these firms, but the legitimacy of the system overall.”...
...The eleventh hour rescue of Silicon Valley Bank’s UK subsidiary last year has finally prompted the UK government to address a crucial gap in bank protection....
...This flag of convenience system is a global flag registration business that the ITF has campaigned against for over 75 years. It is a system that has left seafarers exposed to exploitation and abuse....
...The company added that it had a “high degree of confidence that no such malware exists on our system”....
...Given the moral hazard implied in the protection of depositors, would taxpayers be on the hook once again?...
...Young said the change “balances protecting landlords’ investment” and that the government was “considering exemptions, such as the death of a tenant, or domestic abuse, or significant hazards in the property...
...Under the scheme, banks are required to ensure they have systems and controls in place to help regulators identify those customers who would be eligible for up to £85,000 in protection within seven days...
...They would also create a legal right for job seekers and workers to seek a human audit of decisions made by AI, and put in place protections against unfair dismissal by those systems....
...But forever chemicals, which are found everywhere, seem a trickier legal proposition than asbestos, an occupational hazard, and tobacco, which poses a specific risk to smokers....
...The governor refused levels of support beyond those provided on the basis of moral hazard, and since we now know that some of the same bankers supporting the chancellor’s pleas for more help were either...
...the technology.Amazon, Microsoft and Google are competing to offer new services such as virtual assistants and chatbots as part of a multibillion-dollar bet on generative AI — systems that can spew out...
...Critics said they were a nuisance and a hazard to pedestrians. Venture capitalists poured billions into so-called micromobility upstarts. So much for that....
...The US’s Environmental Protection Agency is expected to finalise legally enforceable standards for PFAS in drinking water this year, and 10 states have legally enforceable standards....
...The enforcement action came as the ICO published new guidance on using people’s biometric data, which included keeping it secure and complying with data protection obligations....
...Even AI’s creators have vastly different opinions: a large group of researchers and industry figures in April called for a moratorium on its development while the hazards were assessed....
...Britain’s £1.4tn DB retirement system serves about 10mn retired and current private-sector employees....
...Partial measures or tinkering with the existing pension savings system are clearly insufficient, especially given how far advanced are the consequences of the depleted supply of extended time horizon risk...
...The “system” was a database that human analysts used to verify identified targets....
...It will offer investors certain regulatory protections, a clear price formation process and a short settlement period....
...Used to spot fraud within banking systems, AI is a powerful prevention tool, but banks and campaigners want programmed-in protections so scammers cannot ask generative AI to write their scripts....
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