Financial Services Authority Clause Samples
The Financial Services Authority clause designates the regulatory body responsible for overseeing and authorizing financial services activities under the agreement. This clause typically specifies that the parties involved must comply with the rules and requirements set by the relevant financial regulator, such as obtaining necessary licenses or approvals before conducting regulated activities. Its core practical function is to ensure that all financial services provided under the contract are legally compliant and subject to appropriate oversight, thereby reducing regulatory risk and promoting trust between the parties.
Financial Services Authority. (a) The Portfolio Manager is authorized and regulated by the Financial Services Authority of the United Kingdom ("FSA"). Under the rules of the FSA, clients must be placed in specific categories which are dictated by different considerations including the nature and financial description of the client, the experience of the client in certain investments and other factors. On the basis of the information given by the Manager, it is categorized by the Portfolio Manager as an Intermediate Customer in relation to the services to be provided in accordance with the Agreement.
(b) The Portfolio Manager has written procedures in operation in accordance with FSA rules for the effective consideration and proper handling of client complaints. Manager acknowledges receipt more than 48 hours prior to the execution of this Agreement of separate disclosure relating to the Portfolio Manager's Terms of Business as required by FSA rules.
Financial Services Authority. 6.3(g) Financial Services Notice Filings and Approvals ......................................... 6.3(b) Financing.............................................. 4.6(a) Financing Agreements ......................... 6.8(a) Financing Commitments ...................... 4.6(a) Gaming Holdco ................................
Financial Services Authority. No such modification shall be effected in relation to any series of Subordinated Debt Securities, unless the Company has notified the U.K. Financial Services Authority of its intention to do so at least one month (or such other period, longer or shorter, as the U.K. Financial Services Authority may then require or accept) prior to the date scheduled therefor and a Relevant Supervisory Consent has been received.
Financial Services Authority. It agrees to provide to DAFC any accountants' letters obtained relating to the Collateral Term Sheets, Structural Term Sheets and Computational Materials, which accountants' letters shall be addressed to DAFC.
Financial Services Authority. No such assumption or substitution as is referred to in either Section 8.02 or 8.03 shall be effected in relation to any series of Subordinated Debt Securities, unless the Company has notified the U.K. Financial Services Authority of its intention to do so at least one month (or such other period, longer or shorter, as the U.K. Financial Services Authority may then require or accept) prior to the date scheduled therefor and a Relevant Supervisory Consent therefor has been received.
Financial Services Authority. As a result, the Fund may not be afforded all of the protections available to retail customers in the U.K.
Financial Services Authority. All references to the “Financial Services Authority” in the Base Indenture are amended and replaced with “UK Prudential Regulation Authority or any successor institution.”