SOSA definition

SOSA means strength of support assessment, the rating system used by the FRB to assess a foreign bank’s ability to provide financial, liquidity and management support to its United States operations.
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SOSA means the Strength of Support Assessment. The SOSA ranking is a supervisory tool used by the Agency to carry out its responsibilities for overseeing the activities of foreign banking corporations in the United States. SOSA rankings reflect an assessment of a foreign banking corporation's ability to provide support for its United States operations.
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Examples of SOSA in a sentence

  • We had a number of financial relationships with SOSA before SOSA entered into a $350 million revolving credit facility in November 2004.

  • Proceeds Amounts SOSA shall, and shall procure that a relevant Obli▇▇▇ will, promptly deposit 100% of Net Disposal Proceeds and Insurance Proceeds Amounts in connection with a Total Loss or sale of a Vessel over which there is a first lien for the benefit of the Banks into Lock Box One.

  • Analysts feel that the SOSA was signed to strengthen the Major Defence Partner Status given to India in 2016 (Bhandari, 2024).

  • Hurlock, who was interim Chief Executive Officer of SNTG from July 29, 2003 until June 13, 2004 and is currently an SNSA Director, has served on SOSA’s board of directors since 2002 and continues to serve on the Board of Acergy since SOSA was renamed on April 10, 2006.

  • The SOSA ensures the procurement and delivery of military supplies to signatories on a priority basis.

  • Pursuant to a corporate services agreement, we supplied through our subsidiaries financial, risk management, public relations and other services to SOSA for an annual fee based on costs incurred in rendering those services.

  • As a result, we no longer, directly or indirectly, hold any SOSA shares.

  • This SOSA includes the post implementation support services described in Exhibit 3, attached hereto and incorporated herein, shall be performed by Consultant.

  • Evidence that Tom Ehret has been appoint▇▇ ▇▇ ▇▇▇ board of direc▇▇▇▇ ▇▇ ▇OSA by the board of directors of SOSA.

  • The geo-political significance of the SOSA needs to be highlighted.