Covered positions definition

Covered positions means all positions in a bank’s trading account, and all foreign ex- change 5 and commodity positions, whether or not in the trading account.6 Positions in- clude on-balance-sheet assets and liabilities and off-balance-sheet items. Securities sub- ject to repurchase and lending agreements are included as if they are still owned by the lender.
Covered positions means all positions in a bank’s trading account, and all foreign ex- change 5 and commodity positions, whether or not in the trading account. 6 Positions in- clude on-balance-sheet assets and liabilities Committee on Banking Supervision and en- dorsed by the Group of Ten Central Bank Governors. The framework is described in a Basle Committee paper entitled ‘‘Amend- ment to the Capital Accord to Incorporate Market Risks,’’ January 1996. Also see modi- fications issued in September 1997.2 Trading activity means the gross sum of trading assets and liabilities as reported in the bank’s most recent quarterly Consoli- dated Report of Condition and Income (Call Report).3 Total assets means quarter-end total as- sets as reported in the bank’s most recent Call Report.4 A bank that voluntarily complies with the final rule prior to January 1, 1998, must comply with all of its provisions.5 Subject to FDIC review, a bank may ex- clude structural positions in foreign cur- rencies from its covered positions.6 The term trading account is defined in the instructions to the Call Report. and off-balance-sheet items. Securities sub- ject to repurchase and lending agreements are included as if they are still owned by the lender. Covered positions exclude all posi- tions in a bank’s trading account that, in form or in substance, act as liquidity facili- ties that provide liquidity support to asset- backed commercial paper. Such excluded po- sitions are subject to the risk-based capital requirements set forth in appendix A of this part.
Covered positions means all positions in a bank’s trading account, and all foreign ex- change 5 and commodity positions, whether or not in the trading account. 6 Positions in- clude on-balance-sheet assets and liabilities and off-balance-sheet items. Securities sub- ject to repurchase and lending agreements are included as if they are still owned by the lender. Asset backed commercial paper li- quidity facilities, in form or in substance, in a bank’s trading account are excluded from covered positions, and instead, are subject to the risk-based capital requirements as pro- vided in appendix A of this part.

Examples of Covered positions in a sentence

  • Covered positions generally should not be risk weighted as part of the bank's credit risk-weighted assets.

  • Covered positions include all positions in a bank's trading account and foreign exchange and commodity positions, whether or not in the trading account.

  • Covered positions include all positions in a bank's trading account, and all foreign exchange and commodity positions whether or not in the trading account.

  • Covered positions exclude all positions in the trading account that, in form or substance, act as liquidity facilities that provide liquidity support to asset- backed commercial paper.

  • The Exempt List is a list of all City positions that are exempted from the requirements governing Covered positions ( Shakman-Exempt).


More Definitions of Covered positions

Covered positions means all positions in a bank’s trading account, and all foreign ex- change 5 and commodity positions, whether or not in the trading account.6 Positions in- clude on-balance-sheet assets and liabilities and off-balance-sheet items. Securities sub- ject to repurchase and lending agreements are included as if they are still owned by the lender. Covered positions exclude all posi- tions in a bank’s trading account that, in form or in substance, act as liquidity facili- ties that provide liquidity support to asset- backed commercial paper. Such excluded po- sitions are subject to the risk-based capital requirements set forth in appendix A of this part.
Covered positions means the following hourly-paid positions at the Bank: Customer Sales and Service Representatives (“CSSRs”), Personal Banker 1s (“PB1s”), Personal Banker 2s (“PB2s”), Private/Premier Bankers (“PPBs”), Business Banking Specialists (“BBSs”), and Senior Business Banking Specialists (“SBBSs”).
Covered positions means Management Trainee (“MGT”), Executive Assistant Manager (“EXA”), Store Manager (“MGR”), Pharmacist (“RPS”), and Pharmacy Manager (“RxM”).
Covered positions means a County position that requires a CDL and/or the performance of safety-sensitive functions.
Covered positions means, collectively, the following positions, listed by job code and job title, covered by this Stipulation: OP0524 Call Center Associate OP0526 Call Center Associate - Sr US4995 Cardmember Advocacy Specialist US5003 Chargebacks Advisor US5005 Chargebacks Advisor Sr 011958 Client Service Prof – Associate 011959 Client Service Professional CM1506 Client Service Professional-Sr OWCS01 Client Service Representative OWCS02 Client Service Specialist 000521 Client Services Rep. 002779 Collector I RT5450 Collector I - Retail CO0004 Collector II RT5452 Collector Senior - Retail 100731 Comml Ops Sr Specialist 100780 Credit Portfolio Spec II 002807 Customer Service Rep III US5015 Customer Support Advisor I US5017 Customer Support Advisor II US5019 Customer Support Advisor III US5265 Customr Correspondence Advisor US5035 Financial Service Advisor US5037 Financial Service Advisor Sr US5125 Fraud Escalation & VIP Coord US5041 Fraud Investigations Spec US5043 Fraud Investigator I 004346 Fraud Investigator II US5045 Fraud Investigator II US5047 Fraud Investigator III US5115 Retention Advisor US5117 Risk Management Analyst I US5119 Risk Management Analyst II US5121 Risk Management Analyst III which existed at Chase’s Elgin, Illinois facility at any time during the Class Period.
Covered positions means all current and former hourly paid and non-exempt employees of Defendant employed at any time from October 28, 2016 through the signing of this Agreement.
Covered positions means all positions in a bank’s trading account, and all foreign ex- change 5 and commodity positions, whether