key functions definition

key functions means functions included in the activity of collective portfolio management as defined in Annex II of the 2010 Law or functions included in Annex I of the 2013 Law, respectively, including monitoring delegates of the above-mentioned functions, permanent compliance, risk management and internal audit functions as well as, the valuation function for the AIFM;
key functions means the functions considered crucial by the Euronext Derivatives Steering Committee for the performance of the Services and communications between the Euronext Market Undertakings and LCH in relation to the Services and identified as such in the Derivatives Service Level Annex;

Related to key functions

  • School function means any school-sponsored extra-curricular event or activity.

  • critical functions means activities, services or operations the discontinuance of which is likely in one or more Member States, to lead to the disruption of services that are essential to the real economy or to disrupt financial stability due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of an institution or group, with particular regard to the substitutability of those activities, services or operations;

  • Essential job functions means the fundamental job duties of the employment position an individual holds. A job function may be considered essential if-

  • Essential functions means the fundamental job duties of the employment position the individual with a disability holds or desires. “Essential functions” does not include the marginal functions of the position.

  • Trustee Functions means the functions set out in paragraph 6;