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Besides, the industrial houses could also be asked to ring-fence their various operations to safeguard their banking operations from risks associated with other businesses.Besides, RBI is replica Rolex Datejust Ladies watch rrx0904195 mulling granting only retail banking license or a small bank licence for first five years as part of a dual-licensing regime. At the same time, RBI could also put strict penalties for violations of its various guidelinesPublished by HT Syndication with permission from Daily Pak Banker.Bertin group was able to postpone to early March the payment of R$370mil to the Sao Paulo state

administration, as guarantees for the concession of the East an South stretches of Rodoanel, the roadway ring around Sao Paulo city. Bertin is managing this concession via the replica Rolex Datejust Ladies watch rrx0904196 Contern and Cibe which presented the best offer in the tender for the stretches that would require investments of R$5bil, of which R$4bil only for the construction of the East stretch.The budget strain "is already having an impact on our core mission" apart from all the new replica Rolex Datejust Ladies watch rrx0904197 to police large hedge funds, derivatives dealers and credit agencies the regulator gained from the new law, Ms. Schapiro said.

WASHINGTON--Securities and Exchange Commission Chairman Mary Schapiro said Friday that budget constraints were hampering the regulator's ability to enforce the securities laws, in her bluntest remarks yet on the resource strain facing the agency.Ms. Schapiro, speaking at a legal seminar in Washington, D.C., said the budget strain replica Rolex Datejust Ladies watch rrx0904198 forcing market analysts to use decades-old technology to "monitor trading that occurs at the speed of light."She also suggested that data management systems and a digital forensics lab were on the chopping block unless Congress acted to increase the regulator's budget. She also indicated the agency didn't have the funds to hire market experts it needs to keep ahead of fraudsters and market manipulators.