Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:
Designated Director means a person designated by the AAVAS to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include person designated by the AAVAS to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include: the Managing Director or a whole-time Director, duly authorized by the Board of Directors
Designated Director means a person designated by the Bank to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules.
Examples of Designated Director in a sentence
Constitute a “High Level Monitoring Committee” under the Designated Director or any other equivalent functionary to ensure compliance.
The name, designation and address of the Designated Director shall be communicated to the FIU-IND.
In no case, the Principal Officer shall be nominated as the 'Designated Director'.
Constitute a "High Level Monitoring Committee" under the Designated Director or any other equivalent functionary to ensure compliance.
In addition to the existing requirement of designation of a Principal Officer, the registered intermediaries shall also designate a person as a 'Designated Director'.
More Definitions of Designated Director
Designated Director means a "Designated Director" as defined under rule 2(ba) of the Rules.
Designated Director means a person designated by the reporting entity (bank, financial institution, etc.) to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and includes:-
Designated Director means a person designated by the Board of Directors to ensure over all compliance with the obligations imposed under The Prevention of Money Laundering Act, 2002 and the Rules framed there under, as amended from time to time, and include the Managing Director or a Whole‐time Director duly authorized by the Board of Directors. The Company shall appoint a Designated Director and communicate the details of the Designated Director, such as, name, designation and address to the Office of the Director, FIU‐IND and update the same whenever there is any change.
Designated Director shall have the meaning specified in Section 2(a) of this Agreement.
Designated Director has the meaning set forth in Section 1.1(c).
Designated Director is a Director of the General Partner who is an employee or partner of an Investor and who is treated as serving on behalf of such Investor because the services provided to the General Partner depend upon the exercise of expertise and are similar to those that are performed for the Investor and the Investor has established a policy that provides that the Investor is entitled to the benefit of any compensation provided for services provided as a Director of any portfolio company.
Designated Director has the meaning set forth in Section 7.10(d).