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.
Sample 1Sample 2
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.
Sample 1

Examples of SOSA in a sentence

  • The financial and supervisory information considered may include, but is not limited to, capital and liquidity ratios, the composition of balance sheet assets, CAMELS or other supervisory ratings and assessments, and SOSA rankings (for U.S. branches and agencies of foreign banks).

  • An FBO that is a FHC or has a SOSA rating of 1 and has a self-assessed net debit cap may request from its Reserve Bank a streamlined procedure to obtain a maximum daylight overdraft capacity.

  • The SOSA ranking is based on a scale of 1 through 3, with 1 representing the lowest level of supervisory concern.

  • However, this will depend on the level of need of the young people, and identified risk levels.

  • The Shirley Oaks Survivors Association (SOSA) was founded in 2014.

  • The Council has had many meetings with SOSA to identify the types of reparations that could be included in a redress scheme.

  • An institution that is at least adequately capitalized and rated CAMELS 3 (or SOSA 2 and ROCA 1, 2, or 3) generally would be eligible.

  • Shrinkage can also be generated using the WRITEDOWN program.5 = TRANSFERS IN: Inventory transfers into the store.6 = TRANSFERS OUT: Inventory transfers out of the store.X = EXCEPTIONS REPORTA listing of various exceptions during the period, including: Data correctionsVoidsCancelling a transaction after a gun has already been added to the Gun Book.Z = EXCEL TXT FILESExports the following files in tab delimited text format.

  • The SOSA ranking is composed of four factors, including the FBO’s financial condition and prospects, the system of supervision in the FBO’s home country, the record of the home country’s government in support of the banking system or other sources of support for the FBO; and transfer risk concerns.

  • Since then the Council has been seeking to reach agreement with SOSA on a final scheme.

Related to SOSA

  • OSA means the Office of the State Auditor.

  • WADA means the World Anti-Doping Agency.

  • We/Our/Us means the Underwriters named in the Schedule.

  • VP means VP Securities Services (Værdipapircentralen A/S), the Danish central securities depository;

  • SONIA means, in respect of any Business Day, a reference rate equal to the daily Sterling Overnight Index Average rate for such Business Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page or, if the Relevant Screen Page is unavailable, as otherwise published by such authorised distributors in each case on the Business Day immediately following such Business Day;

  • WOj means the lowest performance (expressed as a percentage) among the Indices as determined by the Calculation Agent in accordance with the following formula: Mini = 1 to 2 Where:

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • EMMA means the Electronic Municipal Market Access system as described in 1934 Act Release No. 59062 and maintained by the MSRB for purposes of the Rule.

  • SONIAi means the SONIA Reference Rate for:

  • CESA means the California Endangered Species Act (California Fish and Game Code, §§2050-2115.5) and all regulations promulgated pursuant to that Act.

  • STSMA means the Sectional Titles Schemes Management Act 8 of 2011, as amended and include the Regulations issued under the said act;

  • FIU means the Financial Intelligence Unit of Trinidad and Tobago established under section 3 of the Financial Intelligence Unit of Trinidad and Tobago Act;

  • KIID means key investor information document;

  • QC means quality control.

  • SADC means the Southern African Development Community;

  • RICA means the Regulation of Interception of Communications and Provision of Communication Related Information Act, 2002;

  • NZOC means the New Zealand Olympic Committee Incorporated.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • Stillbirth means an unintended fetal death occurring after a gestation period of 20 completed weeks or more or an unintended fetal death of a fetus with a weight of 350 or more grams.

  • Truant means an unexcused absence for at least one class period during the day.

  • FISMA means The Federal Information Security Modernization Act of 2014 (Pub.L. No. 113-283 (Dec. 18, 2014.).

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • CARB means the California Air Resources Board.

  • Holocene means the most recent epoch of the Quaternary period, extending from the end of the Pleistocene Epoch to the present.

  • Sukuk means a type of Islamic bond that is backed by assets of the issuer that earn profit or rent.

  • ESMA means the European Securities and Markets Authority;