competent authorities definition

competent authorities means the competent authorities of the Member States as identified on the websites listed in Annex II;

competent authorities means the authorities designated by the Member States of the Union to receive, accept and verify FLEGT licences;

competent authorities means the government agencies or entities responsible for the administrative functions under this Agreement;

Examples of competent authorities in a sentence

• This Arrangement may be modified at any time by mutual consent of the Competent Authorities, in writing.

• The Competent Authorities anticipate a collaborative process concerning schemata changes.

• The Competent Authorities understand that feedback with regard to data quality and usability is an important element of the exchange process and they may consult with each other as provided in Paragraph 7.2 about data error or transmission problems inadequately addressed through standard notification processes over IDES.

• The Competent Authorities intend to use the International Data Exchange Service (“IDES”), as reflected in the FATCA IDES User Guide (IRS Publication 5190) and the FATCA Metadata XML Schema User Guide (IRS Publication 5188) posted on XXX.xxx, for all exchange of information, including notices described in Paragraph 4.3, pursuant to the IGA.

• In the ordinary course, the Competent Authorities anticipate consultation prior to a determination of significant non-compliance.

More Definitions of competent authorities

competent authorities means public authorities or bodies officially recognized by national law, which are empowered by national law to supervise credit institutions or investment firms as part of the supervisory system in operation in the Member State concerned.

competent authorities means the national authorities which are empowered by law or regulation to supervise credit institutions;

competent authorities means the authorities which each Member State designates under Article 97;

competent authorities means one or more entities designated and authorised by each Party to act on its behalf in the implementation of this Agreement.

competent authorities means the national authorities designated to carry out the duties provided for in this Directive;

competent authorities means the authorities or bodies designated by law that are in charge of the regulation and/or oversight of statutory auditors and audit firms or of specific aspects thereof; the reference to ‘competent authority’ in a specific article means a reference to the authority or body(ies) responsible for the functions referred to in that Article;

competent authorities means the national authorities of Member States which are empowered by law or regulation to supervise AIFMs;