Tag: Definition

Posted in Finance

Definition 6 Joins The Trusted Partner Network (TPN): A Content Protection Initiative

As more and more content is created through collaborations with third-party vendors, protecting that content is more important than ever before. To ensure security at the highest level, Definition 6 has joined The Trusted Partner Network (TPN).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200819005101/en/

TPN is the gold-standard in global content security. Definition 6 reviewed and made the necessary changes to policies, infrastructure, and security needed to obtain TPN certification. These changes ensure entertainment clients the level of security required to keep their data protected and private. This helps prevent leaks, breaches, and hacks so no movies, shows, or any other content will be seen before the intended release date.

In participating with TPN, Definition 6 has joined a select group who will undergo annual assessments to ensure that they continually meet TPN’s strict security guidelines. No matter what level of production you need—editing, sound design/mixing,

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Posted in Finance

SEC to amend accredited investor definition, widen market access


The Securities and Exchange Commission today adopted amendments to the “accredited investor” definition, one of the principal tests for determining who is eligible to participate in our private capital markets.

Historically, individual investors who do not meet specific income or net worth tests, regardless of their financial sophistication, have been denied the opportunity to invest in our multifaceted and vast private markets. The amendments update and improve the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets.

“Today’s amendments are the product of years of effort by the Commission and its staff to consider and analyze approaches to revising the accredited investor definition,” said Chairman Jay Clayton. “For the first time, individuals will be permitted to participate in our private capital markets not only based on their income or net worth, but also based on established, clear

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Posted in Finance

Financial Power of Attorney Definition

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Posted in Finance

Financial Reporting and the Definition of Advisory

For decades, accountants and bookkeepers have been urged to shift their services from focusing on compliance to prioritizing services that are advisory. Why?

The logic is simple: Compliance services are vulnerable to automation and are seen as having less value than forward-looking advice that can have a positive impact on the bottom line.

But the term “advisory” encompasses MANY different activities, from relatively simple cash flow forecasting to much more complex business restructuring (and a whole lot in between). This lack of a clear definition has been a barrier to many firm leaders who struggle to understand what exactly they are being urged to do.

This landmark guide by Randy Johnston of K2 Enterprises breaks down the different modes of advisory activities and explains what each one entails on a practical level. It also includes a detailed overview of the available technology that firms can use to deliver different types

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Posted in Finance

F1’s constructor definition is “out of date”

The Austrian’s view clashes with the prevailing mood in the paddock in the wake of the Racing Point copying case, with the FIA confirming that it wants to ensure that teams fully comply with the requirement to design their own listed parts.

Tost believes that his team should be allowed to take even more advantage of its relationship with sister outfit Red Bull Racing, with the two teams sharing resources via design facility Red Bull Technology.

“The personal opinion from my side is that teams should be able to buy much more from another team,” said Austrian. “Why? Because for me this philosophy that every team must be a constructor is out of date.

“I know all the F1 purists say, ‘Ah, we must be a constructor. Every team must design everything in-house.’ The question is, and you know the engineers are saying this, but how do you finance everything?

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Posted in Finance

SEC Modernizes Accredited Investor Definition

The Securities and Exchange Commission today adopted amendments to the “accredited investor” definition, one of the principal tests for determining who is eligible to participate in our private capital markets.  Historically, individual investors who do not meet specific income or net worth tests, regardless of their financial sophistication, have been denied the opportunity to invest in our multifaceted and vast private markets.  The amendments update and improve the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets. 

“Today’s amendments are the product of years of effort by the Commission and its staff to consider and analyze approaches to revising the accredited investor definition,” said Chairman Jay Clayton.  “For the first time, individuals will be permitted to participate in our private capital markets not only based on their income or net worth, but also based on established, clear measures of

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Posted in Finance

Today’s Definition of Financial Adulthood Is More Flexible Than Ever

The financial milestones of adulthood used to be pretty clear-cut: 30-somethings were expected to get married, buy a home and have children. In fact, when the popular TV show “thirtysomething” hit the airwaves in 1987, back when many of today’s 30-somethings were in diapers, the show revolved around parenting young kids while climbing career ladders.

COVID-19 pandemic hit, which has created even more financial strain for this generation.” data-reactid=”13″More recent hit shows about 30-somethings are more likely to feature characters experiencing underemployment (“Fleabag”), adult children living with parents (“Schitt’s Creek”), and dating with no marriage in sight (“Master of None”). (Producers are currently shopping around a sequel to the original “thirtysomething,” revolving around the original characters’ now-30-something children.) And all of those shows were conceived before the COVID-19 pandemic hit, which has created even more financial strain for this generation.

In the real world, statistics from the Pew Research

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Posted in Finance

Lenders question RBI’s loan exposure definition

MUMBAI :
Several foreign and private lenders have questioned the definition of “loan exposure” in the Reserve Bank of India’s (RBI) recent circular that bars corporate borrowers from operating multiple current accounts. While public sector banks (PSBs) stand to benefit the most from the changed regulations on current accounts announced by RBI last Thursday, foreign and private sector banks said more clarity is warranted on what constitutes a loan exposure.

“How do you define exposure? Whether it is funded or non-funded? What happens to your draft limit which is given for settlement transactions? What about forex settlement risk, whether that is defined as exposure?” asked a senior banker with a foreign bank.

RBI’s 6 August circular says borrowers with more than 50 crore exposure to the banking system need to have an escrow mechanism and only banks managing such escrow can open current accounts. Companies with less than

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