Regulated Systems definition

Regulated Systems means the clearing and settlement systems identified in Schedule 1 that are designated by the Bank and jointly overseen by the Parties; for greater certainty, it also includes the operators of such systems. Schedule 1 may be amended by the Parties pursuant to subsection 7(a) and published by the Parties.
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Examples of Regulated Systems in a sentence

  • In accordance with the PFMIs, the Parties wish to cooperate in order to promote the safety and efficiency of the Regulated Systems and to mitigate systemic risks posed by them.

  • The following clearing and settlement systems and their operators are Regulated Systems within the meaning of the MOU Respecting the Oversight of Certain Clearing and Settlement Systems among the Bank, the OSC, the AMF and the BCSC: • CDSX; • CDCS.

  • In addition, at the last Quarterly Meeting of each year, each party will present and discuss its work plan and key priorities and issues for the next year in respect of the Regulated Systems.

  • If Contractors have any questions regarding the requirements of the Water System Disturbance Permit, please call the ES&A Department for the Regulated Systems Compliance & Safety Officers at (▇▇▇) ▇▇▇-▇▇▇▇.

  • The Parties establish this MOU to provide a mechanism for mutual cooperation and assistance in carrying out their respective oversight responsibilities in respect of the Regulated Systems and to formalize current cooperative arrangements among the Parties.