Prudential Standards definition

Prudential Standards means the prudential standards and guidelines published by APRA and as applicable to the Issuer from time to time;

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Prudential Standards. ’ means enhanced supervision

Prudential Standards means such standards of prudence as would, in the opinion of the Authority, ensure that the obligations of the insurer or insurance group in relation to the security of its policyholders are established at an appropriate level;84 85

Examples of Prudential Standards in a sentence

In addition, no amendment to the terms and conditions of a Security that at the time of such amendment qualifies as Tier 2 Capital is permitted without the prior written consent of APRA if such amendment may affect the eligibility of the Security as Tier 2 Capital as described in the Prudential Standards.
Any modification of the Conditions of the Subordinated Debt Instruments which impacts upon the eligibility of the Subordinated Debt Instruments of a Series for inclusion as regulatory capital under the Prudential Standards made by APRA and applicable to the Issuer is subject to the prior written consent of APRA.
In this capacity NAB appoints and removes Directors of NULIS in accordance with the APRA Prudential Standards and any other relevant regulatory requirements or industry standard including the FSC Superannuation Governance Policy.
Such an approach is also consistent with the theme of proposed robust governance standards as set out in APRA’s discussion paper Prudential Standards for Superannuation, which was released by APRA on 28 September 2011.
The Company may provide for the optional Conversion of the Securities of a series in any indenture supplemental hereto for such series, provided always that optional Conversion must occur in accordance with the Prudential Standards.

More Definitions of Prudential Standards

Prudential Standards. ’ means enhanced supervision and regulatory standards established by the Board of Governors under section 165 of the Dodd-Frank Act (12 U.S.C. 5365).

Prudential Standards means the prudential standards and guidelines published by APRA and as applicable to the Company from time to time.

Prudential Standards means standards of policy and procedures adopted in State lending programs which meet the minimum standards adopted by the private home lending sector, consistent with the policy objectives of State lending programs;

Prudential Standards means the conditions of registration or licence and capital adequacy framework published by the RBNZ and applicable to WNZL from time to time;

Prudential Standards means sound and judicious requirements relating to the financial ability of an insurer to meet its obligations under any unforeseeable circumstance;

Prudential Standards means the prudential standards and requirements that must be applied by the Commission in relation to the MAC business or relate to the performance of the Commission’s functions in relation to the MAC business as set out in clauses 2-4 of this Determination (subject to the qualifications, modifications, clarifications and additions as set out in Schedule 1).

Prudential Standards means standards made by APRA under Division 1 of Part 10A of the Act.