FFIEC definition
FFIEC means the Federal Financial Institutions Examination Council.
FFIEC means the federal financial institutions examination council established pursuant to section 1004 of the financial institutions regulatory and interest rate control act of 1978, Public Law 95-630, 12 USC 3303.
FFIEC means the Federal Financial Institutions Examination Council, or any successor thereto.
Examples of FFIEC in a sentence
Platform Agent shall adopt and maintain compliance management systems satisfactory for (i) complying with the examination manual of the FDIC, (ii) achieving at least a “satisfactory” rating under the FFIEC consumer compliance rating system and (iii) meeting the Compliance Guidelines set forth in Exhibit C attached hereto.
More Definitions of FFIEC
FFIEC means the Federal Financial Institutions Examination Council, or any successor Governmental Authority then performing the same or substantially similar duties.
FFIEC means Federal Financial Institutions Examination Council;
FFIEC. The Federal Financial Institution Examination Council.
FFIEC means the Federal Financial Institutions Examination Council. "FRB" means the Board of Governors of the Federal Reserve System or any successor thereto. "GAAP" shall have the meaning set forth in Section 2.6. A-2
FFIEC means the Federal Financial Institutions Examination Council. “Funds Flow” is defined in Section 2.4.
FFIEC has the meaning set forth in the definition of Privacy and Security Requirements.
FFIEC means the Federal Financial Institutions Examination Council. “Final Index Price” shall mean the average of the Index Prices for the twenty (20) consecutive full Trading Days ending on the Determination Date or, if the Determination Date is not a full Trading Day, the Trading Day immediately prior to the Determination Date. “Financial Statements” has the meaning set forth in Section 3.07(a). “FRB” means the Board of Governors of the Federal Reserve System. “GAAP” means generally accepted accounting principles in the United States of America, applied consistently with past practice, including with respect to quantity and frequency. “GBCC” has the meaning set forth in Section 1.01. “Governmental Authority” means any U.S. or foreign federal, state or local governmental commission, board, body, bureau or other regulatory authority or agency, including, without limitation, courts and other judicial bodies, bank regulators, insurance regulators, applicable state securities authorities, the SEC, the IRS or any self-regulatory body or authority, including any instrumentality or entity designed to act for or on behalf of the foregoing. “Hazardous Substance” means any and all substances (whether solid, liquid or gas) defined, listed, or otherwise regulated as pollutants, hazardous wastes, hazardous substances, hazardous materials, extremely hazardous wastes, flammable or explosive materials, radioactive materials or words of similar meaning or regulatory effect under any present or future Environmental Law or that may have a negative impact on human health or the environment,