Italian Banking Act definition

Italian Banking Act means Legislative Decree No. 385 of 1 September 1993, as amended, supplemented or replaced from time to time;
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Italian Banking Act means Legislative Decree No. 385 of 1 September 1993 of the Republic of Italy, as amended.
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Italian Banking Act means Italian Legislative Decree number 385 of 1 September 1993, as amended and supplemented from time to time;
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Examples of Italian Banking Act in a sentence

  • The Senior Non-Preferred Notes and any related Coupons are direct, unconditional, unsubordinated, unsecured and non-preferred obligations of the Issuer that are intended to qualify as strumenti di debito chirografario di secondo livello of the Issuer in accordance with, and for the purposes of, Article 12-bis of the Italian Banking Act.

  • UniCredit is also registered with the National Register of Banks; it is the parent company of the UniCredit Group registered with the Register of Banking Groups held by the Bank of Italy pursuant to Article 64 of the Legislative Decree No. 385 of 1 September 1993 as amended (the Italian Banking Act) under number 02008.1; and it is a member of the National Interbank Deposit Fund (Fondo Interbancario di Tutela dei Depositi) and of the National Compensation Fund (Fondo Nazionale di Garanzia).

  • These Conditions apply to Senior Preferred Notes and Senior Non Preferred Notes, only to the extent that such Senior Non Preferred Notes are issued by Mediobanca, and are defined as “strumenti di debito chirografario di secondo livello” pursuant to and for the purposes of Articles 12-bis and 91, paragraph 1-bis, letter c-bis of the Italian Banking Act and any relevant implementing regulation which may be enacted for such purposes by any Relevant Authority.

  • You may have certain rights and protections that are provided to you under your agreement with your Funding Instrument provider or issuer or generally by the law with respect to the payments for a Transaction made to your nominated bank account or registered credit or debit card (such as users being able to potentially hold your credit card issuer liable under section 125-quinquies of the Italian Banking Act).

  • Pursuant to Article 12-bis, paragraph 1, letter a), of the Italian Banking Act, the Maturity Date of the Senior Non-Preferred Notes shall not fall earlier than twelve months after their Issue Date.

  • Such yield may therefore be adversely affected by a higher or lower than anticipated rate of prepayments on the Loans.Each Borrower qualifying as “consumer” pursuant to article 121 of the Italian Banking Act is entitled to prepay the relevant Loan, in whole but not in part, at any time, with a prepayment fee not higher than 1% of the principal amount outstanding.

  • Italian Law 106/2021 came into force on 26 July 2021, which revised the wording of Article 125-sexies of the Italian Banking Act, and clarified that the reversal of upfront fees will apply only to contracts executed after the Lexitor ruling; this stance was subsequently confirmed also by the Bank of Italy in a communication issued by the central bank.

  • The Notes are, and they shall immediately become, due and repayable at their Early Redemption Amount together with, if appropriate, accrued interest thereon if the Issuer is subject to compulsory winding-up (liquidazione coatta amministrativa) pursuant to Articles 80 and following of the Italian Banking Act or voluntary winding-up (liquidazione volontaria) in accordance with the relevant provisions of the Italian Civil Code and/or Article 96-quinquies of the Italian Banking Act.

  • The Senior Non Preferred Notes (being notes intended to qualify as strumenti di debito chirografario di secondo livello of the Issuer, as defined under Article 12-bis of the Italian Banking Act) will constitute direct, unconditional, unsecured and non preferred obligations of Mediobanca and will rank at all times pari passu without any preference among themselves.

  • Until such time as the banking and financial arbitration panel and the legal authorities reach a joint decision on the timing effects of the amended Article 125-sexies of the Italian Banking Act, it has been decided to keep the provision set aside last year to cover the potential liability unchanged; as at 30 September 2021 this provision amounted to approx.


More Definitions of Italian Banking Act

Italian Banking Act means Italian Legislative Decree No. 385 of 1 September 1993, as amended or supplemented from time to time (including, without limitation, as a consequence of the transposition of the Banking Reform Package into Italian law).
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Italian Banking Act means Italian Legislative Decree No. 385 of 1 September 1993, as amended from time to time;
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Italian Banking Act means the Italian Legislative Decree No. 385 of 1 September 1993, as amended.
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Italian Banking Act means Legislative Decree No. 385 of 1 September 1993, as amended, supplemented or replaced fromtime to time;
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Related to Italian Banking Act

  • Federal banking agencies means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration, and the Federal Deposit Insurance Corporation.

  • Applicable Banking Regulations means at any time the laws, regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, then applicable to Banco Santander and/or the Group including, without limitation to the generality of the foregoing, the CRD IV, the BRRD, the SRM Regulation and those regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency of the Regulator and/or the Relevant Resolution Authority then applicable to Banco Santander and/or the Group including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, in each case to the extent then in effect in the Kingdom of Spain (whether or not such regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to Banco Santander and/or the Group).

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).