# Financial institutions

`kaal:entity:financial-institutions`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `financial-institutions`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2015 to 2018.

**2015**

- [2629451-010](https://wulfkaal.github.io/claims/2629451-010) [empirical/evidenced] -- The U.S. financial corporations subject to N/DPAs collectively exceed $690 billion in market capitalization and more than $20 trillion in assets under management, making N/DPA governance intervention economically consequential.
  > The collective market capitalization of U.S. financial corporations that are subject to NDPAs exceeds $690 billion and exceeds over $20 trillion in assets under management (Copland 2012).
  Wulf A. Kaal, Timothy Lacine, Stock Price Response to Non- and Deferred Prosecution Agreements (2015). SSRN: https://ssrn.com/abstract=2629451

**2018**

- [3117224-036](https://wulfkaal.github.io/claims/3117224-036) [condition/evidenced] -- The National Bank of Serbia holds that financial institutions may not participate in ICOs or other cryptocurrency investments because cryptocurrencies are not legal tender.
  > Serbia has taken the position that financial institutional are not allowed to participate in ICO's or other cryptocurrency investments because they are not legal tender.
  Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/financial-institutions.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.