Revised arrangements Sample Clauses

Revised arrangements. The contracting parties are of the opinion that it is possible to make major improvements concerning acquisition, communication, and processing of data (see Appendix 2). To that end, ideas concerning a joint database for data acquisition and processing are being considered and evaluated. The fundamental idea is that the financial institutions will send data to a data submission system operated jointly by the Financial Supervisory Authority and the Central Bank. The data would be read in automatically, and the integrity of the data would be verified. The database would be connected to user-friendly report-generation tools where employees in each of the two institutions can retrieve the data they need and are authorised to access according to access control rules. Elements of this attempt to improve execution are:  To prevent gaps in the collection of data necessary for satisfactory monitoring and supervision and for an assessment of systemic stability.  To take account of information that is not submitted during regular data submission but can have a decisive effect on stability; for example, market conditions, changes of loan agreement terms, etc.  To reduce duplication of effort, which places unnecessary strain on financial institutions, raises supervisory entities’ costs, and causes confusion.  To enhance technical cooperation in the information field.  To transmit information seamlessly between the Central Bank and the Financial Supervisory Authority and facilitate data processing.  To work together on information exchange with foreign supervisory entities.
Sample 1
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Related to Revised arrangements

  • Tax Arrangements 47.1 Where the Contractor is liable to be taxed in the UK in respect of consideration received under this contract, it shall at all times comply with the Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (ITEPA) and all other statutes and regulations relating to income tax in respect of that consideration.

  • Implementation Arrangements A. Institutional Arrangements

  • Management Arrangements 9.1. The Management Arrangements set out the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Statement of Requirements, the Service Levels, the Award Procedures and the terms of this Framework Agreement.

  • Flexible Work Arrangements (1) Work-life strategies are important to allow staff to harmonise their family and work commitments, while maintaining operational efficiency and work force productivity.

  • PAYMENT ARRANGEMENTS 4.1 A pre-financing payment shall be made to the participant no later than (whichever comes first): 30 calendar days after the signature of the agreement by both parties the start date of the mobility period [optional: or upon receipt of confirmation of arrival by the beneficiary] representing [between 70% and 100%] of the amount specified in Article 3 [NA may add: per semester]. In case the participant did not provide the supporting documents in time, according to the sending institution's timeline, a later payment of the pre-financing can be exceptionally accepted.

  • Special Arrangements Fees for activities of a non-recurring nature such as reorganizations, and/or preparation of special reports will be subject to negotiation. Fees for a change in fund structure (i.e., Core and Feeder) are subject to negotiation.

  • EXIT ARRANGEMENTS 37.1 The Department and the Provider must, unless the Provider will be responsible for delivering the Services in the following Funding Year, comply with the exit arrangements set out in Schedule 8 (Exit Arrangements) and any current Exit Plan.

  • GOVERNANCE ARRANGEMENTS Enforceability of the Agreement

  • Final Arrangements 1. This Agreement shall become valid as of the day of its signing by both parties hereto, and effective as of the day following the day of its publication in the Central Register of Agreements administered by the Government Office of the Slovak Republic.

  • Financial Arrangements 18. The Commonwealth will provide an estimated total financial contribution to the States of $54.928 million in respect of this Agreement. All payments are GST exclusive.

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