Prudential Authority definition

Prudential Authority. ’ means the authority established in terms of section 32; ‘‘Prudential Committee’’ means the committee established in terms of section 41; ‘‘prudential standard’’ means a standard made in terms of section 105; ‘‘Public Finance Management Act’’ means the Public Finance Management Act,

Prudential Authority means the authority established in terms of section 32; “Prudential Committee” means the committee established in terms of section 41; “prudential standard” means a standard made in terms of section 105;

Prudential Authority means the Prudential Authority established by section 32 of the Financial Sector Regulation Act.

Examples of Prudential Authority in a sentence

• ECIC is a registered Financial Service Provider and is regulated by the Financial Sector Conduct Authority and Prudential Authority (FSP No: 30656).

• Replaced with statutory once implemented,however, Prudential Authority can still elect contractualContractual.

• The Prudential Authority must manage its affairs in an efficient and effective way, and establish and implement appropriate and effective governance systems andprocesses, having regard to, among other things, internationally accepted standards and 15practices in these matters.

• The Governor may appoint a senior staff member of the Prudential Authority or a Deputy Governor to act as Chief Executive Officer when the Chief Executive Officer is 30absent from office, suspended or is otherwise unable to perform the functions of office.

• The documentation must be available for review by internal audit, external audit, and the Prudential Authority as needed.

More Definitions of Prudential Authority

Prudential Authority means the Prudential Authority established in terms of section 32 of the Financial Sector Regulation Act, 2017 or such other governmental authority in South Africa (if any) as will have the responsibility for making decisions relating to the declaration of a bank as being non-viable;

Prudential Authority means the authority established in terms of section 32 of the Financial Sector Regulation Act;[definition of "Prudential Authority" inserted by section 290 of Act 9 of 2017]

Prudential Authority means the authority established in terms of section 11(1)(b);

Prudential Authority means the Prudential Authority as appointed under section 32 of the South African Financial Sector Regulation Act, 2017;

Prudential Authority means the authority established in terms of section 27; “prudential standard” means a standard made in terms of section 94;

Prudential Authority means the Prudential Authority established in terms of section 32 of the Financial Sector Regulation Act, 2017 of South Africa and any successor or replacement thereto.

Prudential Authority means the authority established in terms of section 32 of the Financial Sector Regulation Act;