Examples of Dutch FSA in a sentence
The Dutch Financial Supervision Act (the Dutch FSA) provides a definition of a branch which includes “any other permanent presence of an insurance company managed by employees of the insurer or by a person who has a permanent authority to act for the insurer”.
Closed Circle means a “closed circle” (besloten kring) within the meaning of the Dutch FSA.
PMP means a “professional market party” (professionele marktpartij) within the meaning of the Dutch FSA.
This construction, the Claimant submits, is supported by the fact that under the service agreements the Claimant is an independent contractor and Acham’s evidence that it is customary that the fees and expenses of consultants engaged in the Industry to fall due for payment 30 days after the consultant issues an invoice for such fees.
The Initial Purchaser has represented and agreed that the Refinancing Notes may only be offered, sold or delivered in the Netherlands to qualified investors (as defined in the Dutch FSA (Wet op hetfinancieel toezicht) as amended from time to time) that do not qualify as “public” (within the meaning of Article 4(1) of the CRR and the rules promulgated thereunder, as amended from time to time, together with any successor or replacement provisions included in any European Union regulation or directive).
Dutch FSA means the Financial Supervision Act (Wet op het financieel toezicht) including any and all subordinate decrees and regulations issued pursuant thereto, as amended from time to time.
The PSP exemption applies because Ease2pay B.V. is a small PSP which entails, inter alia, that pursuant to Article 1a of the Exemption Regulation Dutch FSA (Vrijstellingsregeling Wft) the aggregate amount in payment transactions has not exceeded€3 million a month in the last 12 months.Exempt PSPs must notify DNB of changes relevant for the use of the exemption, pursuant to Article 1a, paragraph 4, of the Exemption Regulation Dutch FSA.
The Refinancing Initial Purchaser has acknowledged and agreed the Refinancing Notes may only be offered, sold or delivered in the Netherlands to qualified investors (as defined in the Dutch FSA as amended from time to time) that do not qualify as “public” (within the meaning of Article 4(1) of the CRR and the rules promulgated thereunder, as amended from time to time, together with any successor or replacement provisions included in any European Union regulation or directive).
Exempt PSPEase2pay B.V.’s payment services are in principle regulated payment services subject to a licence requirement pursuant to the PSD2, as transposed into the Dutch FSA, unless an exemption or exclusion applies.As of February 2019, Ease2pay B.V. has been registered as an exempt PSP with the competent Dutch regulator, the DNB.
NOTICE TO RESIDENTS OF THE NETHERLANDS The Notes may only be offered, sold or delivered in The Netherlands to qualified investors (as defined in the Dutch FSA (Wet op het financieel toezicht), as amended from time to time) that do not qualify as "public" (within the meaning of the article 4(1) Capital Requirements Regulation (Regulation (EU) 575/2013) and the rules promulgated thereunder, as amended or any subsequent legislation replacing that regulation).