Banking Superintendency definition

Banking Superintendency means the Borrower’s supreme body (Superintendencia de Bancos) responsible for the regulation and supervision of banks, which body was established and is operating pursuant to the provisions of the Borrower’s Legislative Decree No. 18-2002 (Ley de Supervisión Financiera) effective on June 1, 2002.
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Banking Superintendency means the Borrower’s supreme body (Superintendencia de Bancos) responsible for the regulation and supervision of banks, which body was established and is operating pursuant to the provisions of Legislative Decree No. 18-2002 (Ley de Supervisión Financiera) effective on June 1, 2002.
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Banking Superintendency means the Superintendencia de Bancos e Instituciones Financieras of Chile.
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Examples of Banking Superintendency in a sentence

  • In accordance with the General Banking Law and Banking Superintendency instructions, related parties are those persons or entities directly or indirectly connected with the Branch’s management or ownership.

  • Nevertheless, a BCP resolution in 2007 requested the Banking Superintendency (BCP-SIB) to verify compliance with the General Consumer Protection Law, and in 2010 BCP formally introduced in its workplan the objective to help the population understand economic and financial topics.

  • The latest report from the Banking Superintendency, values the unemployment fund at 1.4 billion $, with a rate of return of 7.5%.

  • Fair value adjustments for non-permanent securities are included in the determination of income, in accordance with specific instructions from the Banking Superintendency.

  • The Bank has a Branch in the Republic of Panama (“Panama Branch”), operating under an international license granted by the Banking Superintendency of Panama, allowing banks to conduct, exclusively from an office in Panama, transactions which are intended to take effect outside the country.

  • They are managed by AFPs. Under this scheme, worker receives the equivalent to one month salary for each year of service.Mandatory pension funds are subject to a strict quantitative investment restrictions determined by the Banking Superintendency.

  • Basic Legal Circular Letter of the Banking Superintendency (External Circular Letter 007 of 1996), Title 1, Chapter 9, section 6; Title 5, Preliminary Chapter, section 1.

  • Any director, manager, legal representative, or staff member of an institution supervised by the Banking Superintendency who knowingly infringes or allows the infringement of legal provisions, shall be personally liable for any losses that any individual or body corporate suffers by reason of such offenses, notwithstanding any other civil or criminal penalties of the law and the measures the Banking Superintendency may impose pursuant to its attributes.

  • The Asset Manager services would be hired by PROFONANPE to manage the trust fund portfolio, among the three top ranking banks as established by the National Banking Superintendency.

  • The change in the fair value of derivative instruments, except for foreign exchange forward contracts, is not recognized in the results of operations of the Branch as permitted by regulations issued by the Banking Superintendency.

Related to Banking Superintendency

  • District superintendent means the superintendent of a district or the chief administrator of a public school academy.

  • State superintendent means the state superintendent of public instruction.

  • County Superintendent means the Executive County Superintendent of Schools designated by the Department of Education for this school district.

  • Superintendent means the Superintendent of Schools or his/her designee.

  • OCC means the Office of the Comptroller of the Currency.

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • Central Bank Regulations means the Central Bank (Supervision and Enforcement) Act 2013

  • Central Bank means the Central Bank of Ireland;

  • Group supervision means the process of clinical supervision of no more than six persons in a group setting provided by a qualified supervisor.

  • Assistant Superintendent means the assistant superintendent to whom the supervisor reports. If the supervisor is an assistant superintendent, the associate superintendent will serve as the assistant superintendent.

  • Website of the European Central Bank means the website of the European Central Bank currently at http://www.ecb.europa.eu or any successor website officially designated by the European Central Bank.

  • Federal banking agencies means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration, and the Federal Deposit Insurance Corporation.

  • Union harmonisation legislation means any Union legislation harmonising the conditions for the marketing of products;

  • Comptroller’s Rules means the applicable rules and regulations of the Comptroller set forth in Chapter 34 TEXAS ADMIN. CODE Chapter 9, Subchapter F, together with any court or administrative decisions interpreting same.

  • Ministry means the Ontario Ministry of the Environment;

  • Department of Transportation means the United States Department of Transportation and any agency or instrumentality of the United States government succeeding to its functions.

  • General supervision means that general instructions are given and tasks are undertaken to achieve the required outcomes or objectives. Discretion and choice in selecting the most appropriate method for completing the allotted tasks is expected and encouraged.

  • Public safety agency means a functional division of a public agency, county, or the state that provides fire fighting, law enforcement, ambulance, medical, or other emergency services.

  • Federal banking agency means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration and the Federal Deposit Insurance Corporation;

  • Department Representative means the Manager, Engineering Operations, or designate, who shall represent the Landscape Operations Section for the purposes of this Agreement, or such other person who may be subsequently appointed in writing by the Department Representative and so notified to the Contractor;

  • Public or private safety agency means a unit of state or local government, a special purpose district, or a private firm, which provides or has the authority to provide firefighting, police, ambulance, emergency medical services or hazardous materials response.