Pillar 2 definition

Pillar 2 means the framework set out in this module for determining any additional capital that an AI should hold principally to cover risks not captured, or risks not adequately captured, under Pillar 1. This framework has two key elements: (i) the CAAP conducted by AIs and (ii) the SRP undertaken by the MA;

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Pillar 2 means all laws, regulations, and treaties implementing the regimes set out in the OECD (2021), Tax Challenges Arising from the Digitalisation of the Economy – Global Anti-Base Erosion Model Rules (Pillar Two): Inclusive Framework on BEPS, OECD, Paris, ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.htm (as amended, updated, or restated) and all associated OECD commentaries and guidance.

Examples of Pillar 2 in a sentence

Pillar 2- Recruitment: Engaging with engineering students and engineering professionals to raise awareness of viable jobs/opportunities in the power sector.
CCBSE’s success will be enabled by old and new investments, multidisciplinary coordination among nine institutions, and transdisciplinary growth of expertise and research capacity across three research Pillars: 1) Materials Design at Biointerfaces (hereto forth called Materials Design Pillar); 2) Cellular Systems at Materials Interfaces (hereto forth called Cellular Systems Pillar); and, 3) Computation, Machine Learning, and Predictive Modeling (hereto forth called Computational Approaches Pillar).
The Authorities shall cooperate with one another with the intention of ensuring a common understanding of overall Pillar 2 issues, on a group-wide and solo basis, and a coherent follow-up to the outcome of the SREP assessment.
For the successful cross-border implementation of Pillar 2 the Authorities expect local bank management to be adequately involved and empowered to exercise their duties in relation to the ICAAP.
Pillar 2: Recruitment: Engaging with engineering students and engineering professionals to raise awareness of viable jobs/opportunities in the power sector.

More Definitions of Pillar 2

Pillar 2 means the framework of rules (referred to therein as the Global Anti-Base Erosion Rules) contained in the OECD’s document entitled “Tax Challenges Arising from the Digitalisation of the Economy - Global Anti-Base Erosion Model Rules (Pillar Two)”, as originally approved by the OECD/G20 Inclusive Framework on BEPS on 14 December 2021 and as amended by the OECD/G20 Inclusive Framework on BEPS from time to time.

Pillar 2. Shared National Priority areas:

Pillar 2. Creating more flexible and integrated labor markets and providing better and more efficient social assistance

Pillar 2. Innovation & start-up supporting mechanisms in the Digital Age

Pillar 2 has the meaning given to it in paragraph 1 of Schedule 6, Part 9 (Tax ).

Pillar 2 means the supervisory review of SFI’s capital adequacy to address any institution-specific risks not adequately covered under Pillar 1 (minimum capital requirements).

Pillar 2 means the global minimum tax rules developed by the organization for economic cooperation and development (OECD) implemented in Europe under minimum tax directive (Council Directive (EU) 2022/2523), as implemented in any jurisdiction through domestic legislation, regulations or international agreements, and any amendments, modifications or guidance issued in connection therewith;