Being independent definition

Being independent means that a member of the management body in its supervisory function does not have any present or recent past relationships or links of any nature with the CRD-institution or its management that could influence the member’s objective and balanced judgement and reduce member’s ability to take decisions independently. The fact that a member is considered as ‘being independent’ does not mean that the member of the management body should automatically be deemed to be ‘independent of mind’ as the member might lack the required behavioural skills.
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Being independent means that we consider a wide range of financial strategies and products. We are constantly reviewing the market to ensure that the services and products we offer are appropriate for our clients. Our services include: • Investments - we will make a recommendation for you after we have assessed your needs. Our recommendation will be based on a comprehensive and fair analysis of the market. We will consider and review all relevant Retail Investment Products, as defined by The Financial Conduct Authority, when advising you. • Pensions – we will recommend pensions based on a comprehensive and fair analysis of the market. We place no restrictions on the pension markets we will consider before providing pension recommendations, unless you instruct us otherwise. We will, however, only make a recommendation when we know it is suitable to you. • Non-investment Protection Contracts - we advise on non-investment protection products e.g. term assurance, income protection and critical illness from a range of insurers. We offer you an initial discussion without charge or obligation. We will start work after this meeting when we have agreed our services and charges.
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Being independent means that a member of the management body in its supervisory function does not have any present or recent past relationships or links of any nature with the relevant institution or its management that could influence the member’s objective and
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Examples of Being independent in a sentence

  • Being independent of any controlling organization or other affiliation, it is autonomous in its government, and in fellowship with other assemblies.

  • Being independent of both the direction and the magnitude of the market's movements, it represents the manager's skill in selecting investments.

  • Being independent either directly or indirectly of both financial and management of the Company or joint company or major shareholders of the Company, and having no benefit or interest in such manner within 2 years before being appointed as the Independent Director, unless the Board of Director has carefully considered and see that such participation in having benefit or interest will not affect the duty performing and the independence in giving an opinion.

  • Being independent means that the Authority makes its own findings based on the facts and the law.

  • Being independent contributes to the accuracy of audit work and the ability to rely on reports results.

  • Being independent and impartial, the Ombudsman is neither an advocate for a complainant, nor a defender of a public authority.

  • Being independent of the laser internal dynamics, this scheme can be applied to any Q-switched laser.

  • Being independent from the Government and financed through the BETF should promote fairness in opportunities to submit complaints and minimize corruption and preferential treatment, as well as exclusion of vulnerable and minority groups.

  • Being independent of individual national constituents must not be interpreted to mean that the CEACR is not accountable to the ILO’s tripartite constituency.

  • Being independent, the City Council does not have direct control over RPs but works in partnership with them to meet the needs of Westminster residents.

Related to Being independent

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Company at its own expense.

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant to Persons engaged in Similar Businesses of nationally recognized standing that is, in the good faith judgment of the Issuer, qualified to perform the task for which it has been engaged.

  • Independent Qualified Party means an investment banking firm, accounting firm or appraisal firm of national standing; provided, however, that such firm is not an Affiliate of the Company.

  • Independent review organization means an entity that is accredited to conduct independent external reviews of adverse benefit determinations.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of FINRA Rule 5121.

  • Responsible public entity means a public entity that has the power to develop or operate the applicable qualifying project.

  • Independent Tax Counsel means a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Employer and shall be reasonably acceptable to the Executive, and whose fees and disbursements shall be paid by the Employer.

  • Deloitte means Deloitte & Touche LLP.

  • KPMG means KPMG LLP.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Second opinion means an opportunity or requirement to obtain a clinical evaluation by a provider other than the one originally making a recommendation for a proposed health service to assess the clinical necessity and appropriateness of the initial proposed health service.

  • Tax Counsel shall have the meaning set forth in Section 6.2 hereof.

  • Independent Investment Banker means one of the Reference Treasury Dealers appointed by the Company.

  • Independent Financial Expert means a nationally recognized accounting, investment banking or consultant firm, which firm does not have a material financial interest or other material economic relationship with either the Company or any of its Affiliates or the Holder or any of its Affiliates that is, in the good faith judgment of the Board, qualified to perform the task for which it has been engaged.

  • Responsible Vendor means a vendor with adequate financial resources (or the ability to obtain such resources), who can comply with the delivery requirements, and who is a qualified and established firm regularly engaged in the type of business that provides the goods and/or services herein.

  • Supervised financial organization means a person, other than an insurance company or other organization primarily engaged in an insurance business:

  • Certified business means a business verified as a minority- or women-owned business enterprise pursuant to Section 314 of the Executive Law.

  • SBE Certified Business (or “SBEs”) means a business that meets the criteria set forth in Section 1.07.050 of this chapter and has been certified as meeting that criteria by the Community and Economic Development Department-SBE Program Coordinator.

  • Tax Advisor means a United States tax counsel or accountant of recognized national standing.

  • Responsible Parties means all Retailers and Customers, including Transmission Load Customers, Distribution Load Customers, DG Customers, MG Customers or agents of the foregoing;

  • Responsible Party means a public or private body or any other person which, alone or in conjunction with others, determines the purpose of and means for processing personal information, as defined in POPI.

  • Independent Investment Bank means one of the Reference Treasury Dealers that the Issuer appoints to act as the Independent Investment Bank from time to time.

  • Certifying Party has the meaning ascribed to such term in Section 4.6.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Participating Certified Nurse-Midwife means a Certified Nurse-Midwife who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.