Prudential Authority definition

Prudential Authority. ’ means the authority established in terms of section 32; ‘‘Prudential Committee’’ means the committee established in terms of section 41; ‘‘prudential standard’’ means a standard made in terms of section 105; ‘‘Public Finance Management Act’’ means the Public Finance Management Act,
Prudential Authority means the authority established in terms of section 32; "Prudential Committee" means the committee established in terms of section 41; "Prudential standard" means a standard made in terms of section 105;
Prudential Authority means the Prudential Authority established by section 32 of the Financial Sector Regulation Act.

Examples of Prudential Authority in a sentence

  • ECIC is a registered Financial Service Provider and is regulated by the Financial Sector Conduct Authority and Prudential Authority (FSP No: 30656).

  • Dhanasekaran M, Indumathi S, Harikrishnan R, Mishra R, Lissa RP, Rajkumar JS, Sudarsanam D.

  • The documentation must be available for review by internal audit, external audit, and the Prudential Authority as needed.

  • The Prudential Authority ("PA") that governs the South African assurance companies came into effect on 1 July 2018, following the promulgation of the Insurance Act No 18 of 2017.

  • The Prudential Authority must manage its affairs in an efficient and effective way, and establish and implement appropriate and effective governance systems andprocesses, having regard to, among other things, internationally accepted standards and 15practices in these matters.


More Definitions of Prudential Authority

Prudential Authority means the Prudential Authority established in terms of section 32 of the Financial Sector Regulation Act, 2017 or such other governmental authority in South Africa (if any) as will have the responsibility for making decisions relating to the declaration of a bank as being non-viable;
Prudential Authority means the authority established in terms of section 32 of the Financial Sector Regulation Act;[definition of "Prudential Authority" inserted by section 290 of Act 9 of 2017]
Prudential Authority means the authority established in terms of section 27; “prudential standard” means a standard made in terms of section 94;
Prudential Authority means the Prudential Authority as appointed under section 32 of the South African Financial Sector Regulation Act, 2017;
Prudential Authority means the Prudential Authority of the South African Reserve Bank;
Prudential Authority means the authority established in terms of section 11(1)(b);
Prudential Authority means the authority established in terms of section 32 of the Financial Sector Regulation Act;