Banking Secrecy definition

Banking Secrecy means banking secrecy within the meaning of the applicable legal regulations.
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Examples of Banking Secrecy in a sentence

  • You hereby understand and accept that the national and state laws and regulations of the United States might be applicable to You as long as they do not contravene the imperative provisions of the Lebanese Law on Banking Secrecy and such other imperative Lebanese Laws.

  • Citibank, N.A Lebanon Branch is a branch of a banking corporation organized and existing under the laws of the United States and, as such, is subject to Lebanese laws and notably to the Banking Secrecy Law of September 3, ▇▇▇▇, ▇▇▇/▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ which do not contradict the imperative provisions of the Lebanese laws.

  • Vis-a-vis the other Lending Offices the Borrower releases the Bank from the obligations of Banking Secrecy with respect to all matters concerning this Credit Facility as well as the Subsidiary Facilities.

  • The Borrower liberates the Bank towards the other Lending Offices from the obligations of Banking Secrecy with respect to all matters concerning this Credit Facility as well as the Affiliated Facilities.

  • Where the information requested is not protected by the Law on Banking Secrecy of September 3, 1956 or by Article 151 of the Code of Money and Credit, such information shall be provided directly by the Competent Authority to the requesting State.

  • MSC will provide required compliance services, including AML, KYC, and Accredited Investor Verification as required by the Banking Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and the Securities and Exchange Commission (SEC).

  • The provisions of clause 42 (Confidentiality, Disclosure of Confidential Information and Swiss Banking Secrecy Waiver) of the Facilities Agreement shall be incorporated by reference into and apply mutatis mutandis to this Agreement.

  • The right of GE CAPITAL to collect, process and utilise data and the release from its obligations under the Banking Secrecy is set out in schedule 2 (Declaration of Consent).

  • The Borrower shall acknowledge the receipt of a copy of this Agreement, a copy of the General Terms and Conditions of Loans, a copy of the Outline Agreement on the Arrangement of Financial Transactions for Future Delivery and Option Businesses, the brochure entitled “Warnings about the Risks of Derivative Financial Instruments”, and a copy of the Data Protection Statement and Release from Banking Secrecy.

  • The undersigned declares that he/she acknowledges Article 17 (Banking Secrecy And Data Protection) and having been informed of the processing of personal data relating to the undersigned described in this Article 17.

Related to Banking Secrecy

  • Bank Secrecy Act means the Bank Secrecy Act of 1970, as amended.

  • Sanctions and Export Control Laws means any applicable Law related to (a) import and export controls, including the U.S. Export Administration Regulations, (b) economic sanctions, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the European Union, any European Union Member State, the United Nations, and Her Majesty’s Treasury of the United Kingdom or (c) anti-boycott measures.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Corrupt practices means the offering, giving, receiving or soliciting of anything of value to influence the action of a Government official in procurement process or in contract execution: and

  • Client Securities Rules means the Securities and Futures (Client Securities) Rules (Cap 571H of the Laws of Hong Kong).