Board Risk Committee definition

Board Risk Committee means the Board Risk Committee established under paragraph 21(1)(c);
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Board Risk Committee or "BRC" means means the Company’s Board Risk Committee operating in accordance with the Board Risk Committee’s terms of reference;
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Examples of Board Risk Committee in a sentence

  • Any proposed modifications would be reviewed by the Management Risk Committee and the Board Risk Committee.

  • This is approved by the Board Risk Committee as part of the Group Risk Strategy, which complements the budgets and strategic plans proposed by the business.

  • In addition, regular reports are submitted to the Asset and Liability Management Committee (ALCO), Board Risk Committee and the heads of each business unit.The bank separates exposures to market risk into trading or non-trading portfolios.Trading portfolios include positions arising from market-making, position taking and others designated as marked-to-market.

  • AD Category I banks desirous of running a foreign currency-INR options book and fulfilling minimum eligibility criteria listed below, may apply to the Reserve Bank with copies of approval from the competent authority (Board/ Risk Committee/ ALCO), detailed memorandum in this regard, specific approval of the Board for the type of option writing and permissible limits.

  • Board Risk Committee will be provided regular update on key portfolio parameters.Concentration risk is monitored against the limits (both internal and regulatory).

  • The Board sets up a Board Risk Committee to specifically address this, if appropriate.

  • The latter submits the updated policy with its recommendations to the Board Risk Committee for approval.

  • The risk management and compliance functions are reporting to and assessed by the Board Risk Committee.

  • The total remuneration for these positions are determined and approved by the Board Risk Committee and Board Audit committee as a fully independent parties.Boubyan Bank considers its Group risk profile when determining its annual remuneration pool; the risk profile includes the key risks to which the Group is exposed such as strategic, credit, market, liquidity, and operational.The overall variable remuneration pool is determined by taking into account of relevant risk metrics.

  • The Board Risk Committee sets liquidity limits to ensure that sufficient funds are available to meet such contingencies.Past experience shows that liquidity requirements to support calls under guarantees and standby letters of credit are considerably less than the amount of the commitment.

Related to Board Risk Committee

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Finance Committee means the Finance Committee of the University;

  • Sub-Committee means a committee of a committee created by the Board.

  • Board Committee means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Compensation Committee means the Compensation Committee of the Board.

  • Regional Committee means the regional committee on school

  • Governance Committee means the Governance Committee of the Board.

  • standards committee (“pwyllgor safonau”) means the standards committee of the county or county borough council which has functions in relation to the community council for which it is responsible under section 56(1) and (2) of the Local Government Act 2000.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Independent Board Committee means the independent board committee of the Company

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Party committee means any committee organized by or authorized by the

  • Peer review committee means one or more persons acting in a peer review capacity who also serve as an officer, director, trustee, agent, or member of any of the following:

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Listing Committee the listing committee of the Stock Exchange;

  • Grievance Committee means the Grievance Committee of the Bar.

  • Technical Committee means the body established in accordance with article VII;