Prudential supervision Sample Clauses

Prudential supervision. 25.1 The ECB may offer advice to and be consulted by the Council, the Commission and the competent authorities of the Member States on the scope and implementation of Union legislation relating to the prudential supervision of credit institutions and to the stability of the financial system.
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Prudential supervision. Under Article 46 of the Law of 22 March 1993 (for credit institutions that provide clearing or settlement services or services assimilated therewith), Articles 36/25 and 36/26 of the Law of 22 February 1998, and the Royal Decree of 26 September 2005, the Bank ensures prudential supervision (including authorisation) of clearing institutions, settlement institutions and institutions assimilated to settlement institutions, without prejudice to its powers of oversight over the systems operated by the aforementioned institutions.
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Prudential supervision. Article 25
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Prudential supervision. The National Securities Commission shall set the prudential supervision rules regarding the composition of own resources and risk control, where the prudential measures concerning the risks resulting from the broker dealer’s own trading portfolio shall be detailed. When the broker-dealer house is a bank or it is controlled by a bank, the rules may be established in collaboration with the Superintendency of Banks of the Republic of Panama. The financial statements regulations will consider the prudential supervision rules that are established. Second Chapter Broker-Dealer Houses Licenses Article 8 (Requirements to obtain and maintain the license): The person requesting the granting of a broker-dealer house license shall comply with the following conditions to obtain and maintain said license:
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Related to Prudential supervision

  • SITE SUPERVISION 1.9.1 Contractor shall provide adequate supervision of his employees to ensure complete and satisfactory performance of all work in accordance with the terms of the contract. Contractor shall have a responsible supervisor on the job at all times when the work of the contract is being carried out.

  • Board Supervision All of the functions undertaken by the Investment Manager hereunder shall at all times be subject to the direction of the Board of Directors, its executive committee, or any committee or officers of the Company acting under the authority of the Board of Directors.

  • Student Supervision 2. Central Issues as they affect Occasional Teacher Workload

  • CONTRACTOR SUPERVISION Contractor shall provide competent supervision of personnel employed on the job Site, use of equipment, and quality of workmanship.

  • Construction Bonds, Insurance and Supervision (i) The Recipient shall require that each of its Contractors furnish a performance and payment bond in an amount at least equal to 100 percent (100%) of its contract price as security for the faithful performance of its contract.

  • Supervision The Recipient shall provide and maintain competent and adequate project management covering the supervision and inspection of the development and construction of the Project and bear the responsibility of ensuring that construction conforms to the approved surveys, plans, profiles, cross sections and specifications.

  • Supervision of Contractor Personnel The Contractor must supply all necessary and sufficient supervision over the work that is being performed and will be held solely responsible for the conduct and performance of his employees or agents involved in work under the Agreement.

  • PROFESSIONAL DEVELOPMENT AND EDUCATIONAL IMPROVEMENT A. The Board agrees to implement the following:

  • Level Two - Superintendent 1. If the grievant or the Association is not satisfied with the disposition at Level One, or if no decision is rendered within five (5) days after the presentation of the grievance, the grievant or the Association may appeal the grievance to the superintendent by delivering a written notice of appeal to the superintendent’s office within ten (10) days after receiving the decision, or lack of one, at Level One.

  • Confidential Supervisory Information Notwithstanding any other provision of this Agreement, no disclosure, representation or warranty shall be made (or other action taken) pursuant to this Agreement that would involve the disclosure of confidential supervisory information (including confidential supervisory information as defined in 12 C.F.R. § 261.2(c)) of a Government Authority by any party to this Agreement to the extent prohibited by applicable Law. To the extent legally permissible, appropriate substitute disclosures or actions shall be made or taken under circumstances in which the limitations of the preceding sentence apply.

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