Advisory Authority definition

Advisory Authority means the Advisory Authority for Combating Money Laundering and Terrorist Financing which is established under section 56;
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Advisory Authority means the Advisory Authority for combating Money Laundering which is established under section 55;
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Advisory Authority means the Advisory Authority for Combating Money Laundering and Terrorist Financing which is established under Section 56 of the Law; "Beneficial Owner" means the natural person or natural persons, who ultimately owns or control the Client and/or the natural person on whose behalf a transaction or activity is being conducted.The Beneficial Owner shall at least include:(a) In the case of corporate entities:the natural person who ultimately owns or controls a corporate entity through direct or indirect ownership of a sufficient percentage of the shares or voting rights or ownership interest in that corporate entity, including through bearer shareholdings, or through control via other means, other than a company listed on a regulated market that is subject to disclosure requirements consistent with European Union law or subject to equivalent international standards which ensure adequate transparency of ownership information.Provided that:(a) an indication of direct shareholding shall be a shareholding of 25% plus one share or an ownership interest of more than 25% in the client held by a natural person; and(b) an indication of indirect ownership shall be a shareholding of 25% plus one share or an ownership interest of more than 25% in the client held by a corporate entity, which is under the control of a natural person, or by multiple corporate entities, which are under the control of the same natural person or persons.Provided further that the control by other means can be verified, inter alia, based on the criteria provided for in section 142 (1) (b) (annual and consolidated financial statements)and section 148 (parent and subsidiary companies)of the Companies Law;the natural person who holds the position of senior managing official if, after having exhausted all possible means and provided there are no grounds for suspicion, no person under sub paragraph (i) of the present paragraph is identified, or if there is any doubt that the person identified is the beneficial owner:
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Examples of Advisory Authority in a sentence

  • The Ex-Officio Members include the Secretary of Health, the Treasury Department Secretary, the Administrator of the Administration of Mental Health and Addiction Services (ASSMCA), the Director of the Office of Management and Budget (OMB), the Executive Director of The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) and the Insurance Commissioner, or their delegates.

  • Other LRA Board members include representatives designated by the President of the Senate, the Speaker of the House, the Governor, the Puerto Rico Fiscal Agency and Financial Advisory Authority and mayors of the communities surrounding NSRR.

  • Responses to the Amended Report were filed by the Puerto Rico Fiscal Agency and Financial Advisory Authority (Docket Entry No. 11159); certain defendants in Adversary Proceeding No. 19-00280-LTS (Docket Entry No. 11242); Peter C.

  • The Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA) is hereby created as a public corporation and Government instrumentality, with legal existence, fiscal and administrative autonomy, separate and independent from the Government of Puerto Rico.

  • The Authority shall exist in perpetuity, unless terminated by legislation.For all intents and purposes, the Authority shall be the successor of the Puerto Rico Fiscal Agency and Financial Advisory Authority created by virtue of Chapter VI of Act No. 21.

  • On March 7, 2017, the Financial Advisory Authority and Fiscal Agency of Puerto Rico ("AAFAF", for its Spanish acronym) issued Administrative Order No. OA-2017-01 by which it ordered the Secretary of Treasury ("Secretary") to carry out an inventory of the tax credits granted and to require the holders of tax credits to report the amount granted of said credits, in the manner that the Secretary establishes for said purposes.

  • First postponement made at the request of the appellant due to a scheduling conflict.MONDAY, NOVEMBER 5, 2018 At the meeting of the Board of Zoning Appeals on Monday, Novem- ber 5, 2018 the following appeals were scheduled for hearing before the Board.

  • Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA), COFINA Fiscal Plan, p.

  • The Secretary of the Department of Education of the Commonwealth and a member of the Puerto Rico Fiscal Agency and Financial Advisory Authority (“FAFAA”) become ex-officio members of the Governing Board.

  • Should the complaint involve religious matters then the above procedure would be followed, but the Complaints Committee would also include Chairperson and Vice Chairperson of the Standing Advisory Authority on Religious Education and for V.C. Primary Schools the Diocesan Director of Education would be invited as an observer.Year Groups/Pupil Ages BA pupil's progression through years of compulsory education is divided into four key stages.


More Definitions of Advisory Authority

Advisory Authority means the Advisory Authority for Combating Money Laundering and Terrorist Financing.
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Related to Advisory Authority

  • Supervisory Authority means an independent public authority which is established by an EU Member State pursuant to the GDPR.

  • Regulatory Authority means any supranational, federal, national, regional, state, provincial, or local regulatory agency, department, bureau, commission, council, or other government entity, that regulates or otherwise exercises authority with respect to manufacturing, research, development, or commercialization of pharmaceutical or biological products in any country or regulatory jurisdiction, including the FDA, USDA and EMA.

  • Highway authority means the state highway commission, a board of county road commissioners or the governing body of a city or village.

  • Advisory agency means any board, commission, committee or post which does not exercise any sovereign power or duty, but is appointed by a governmental agency or officer or is created by law for the purpose of making studies or recommendations, or advising or consulting with a governmental agency.

  • securities regulatory authority or “SRA” means a body created by statute in any Canadian or foreign jurisdiction to administer securities law, regulation and policy (e.g. securities commission), but does not include an exchange or other self regulatory entity;

  • national regulatory authority means a national regulatory authority designated in accordance with Article 35(1) of Directive 2009/72/EC or Article 39(1) of Directive 2009/73/EC;

  • FINRA means the Financial Industry Regulatory Authority, Inc.

  • public authority means any authority or body or institution of self- government established or constituted—

  • Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.

  • Regulatory Authorizations means all approvals, clearances, authorizations, registrations, certifications, licenses and permits granted by any Regulatory Authority.

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in the state in which such Insurance Subsidiary is domiciled.

  • Regulatory Authorities means the Commissions and the Exchange;

  • Advisory Body means any board, commission, committee, council, or authority, however selected, whose total budget, appropriations, or authorized expenditures constitute less than 1 percent of the budget of each agency it serves or $100,000, whichever is less, and whose powers, jurisdiction, and authority are solely advisory and do not include the final determination or adjudication of any personal or property rights, duties, or obligations, other than those relating to its internal operations.

  • Securities Commissions means collectively, the applicable securities commission or securities regulatory authority in each of the Qualifying Jurisdictions;

  • Securities Regulatory Authorities means the securities commission or similar regulatory authority in each province and territory of Canada that is responsible for administering the Canadian securities legislation in force in such jurisdictions;

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.

  • County authority means the board of county commissioners,