Common use of Transparent Regulation Clause in Contracts

Transparent Regulation. Each Party shall make available to interested persons its requirements for completing applications relating to the supply of financial services. Upon the request of an applicant, the concerned Party shall inform the applicant of the status of its application. If the concerned Party requires additional information from the applicant, it shall notify the applicant without undue delay.

Transparent Regulation. Each Party shall make available to interested persons its requirements for completing applications relating to the supply of financial services. Upon the request of an applicant, the Party concerned Party shall inform the applicant of the status of its application. If the Party concerned Party requires additional information from the applicant, it shall notify the applicant without undue delay.