GPS 110 definition

Examples of GPS 110 in a sentence

APRA proposes, therefore, that determinations made under the current capital standards (i.e. GPS 110 through to GPS 116) will not be preserved.

APRA’s response Types of supervisory adjustment The proposed ability for APRA to determine a supervisory adjustment to capital is included in the draft prudential standards GPS 110 and LPS 110 released with this response paper.

In Australia, the Life and General Insurance Capital Standards (LAGIC) (General Insurance Prudential Standard (GPS) 110: Capital Adequacy, Life Insurance Prudential Standards (LPS) 110: Capital Adequacy) require insurers to calculate capital charges for insurance risk, insurance concentration risk, asset risk, asset concentration risk, operational risk and aggregation benefit.

For general insurers, similar powers are contained in paragraph 17 of the current version of GPS 110 and paragraph 32 of GPS 112, respectively.

Related to GPS 110

GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.
Operator means the operator of an electronic communications code network.
Project means specific activities of the Grantee that are supported by funds provided under this Contract.
Site means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or operated by the debtor, including, but not limited to, disposal sites.
Facility means the entire operation located on the property where the Equipment is located;
Rights Issue means an offer of shares open for a period fixed by the Directors of the Company to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusion or other arrangements as the Directors of the Company may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of, or the requirements of any recognised regulatory body or any stock exchange in, any territory outside Hong Kong).”
Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.
Interest Period means each period beginning on (and including) the Interest Commencement Date or any Interest Payment Date and ending on (but excluding) the next Interest Payment Date;
Child means any person under eighteen years of age.
Application means the application for this permit, together with any additional information supplied by the operator as part of the application and any response to a notice served under Schedule 5 to the EP Regulations.
Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.
Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
Consumer means a person who is a member of the public, takes possession of food, is not functioning in the capacity of an operator of a food establishment or food processing plant, and does not offer the food for resale.
District means the district of the local government;
Fiscal Year means the fiscal year of the Company.
prescribed means prescribed by rules made under this Act;
Subcontractor means any supplier, distributor, vendor, or firm that furnishes supplies or services to or for a prime contractor or another subcontractor.
Contractor means the individual or entity, that has entered into this contract with the Commonwealth.
Goods means all of the equipment, machinery, and/or other materials that the supplier is required to supply to the purchaser under the contract.
Licensee means a person licensed under this chapter.
Relevant Period means the period from the passing of this resolution until whichever is the earliest of:
Code means the Internal Revenue Code of 1986, as amended.
The Contract means the agreement entered into between the Procuring Entity and the Supplier, as recorded in the Contract Form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.
Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.
Minister means the Minister in the Government of the State for the time being responsible for the administration of the Act to ratify this Agreement and pending the passing of that Act means the Minister for the time being designated in a notice from the State to the Company and includes the successors in office of the Minister;
License means the terms and conditions for use, reproduction, and distribution as defined by Sections 1 through 9 of this document.