Relevant Institution definition

Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).
Relevant Institution means (i) a credit institution authorised in the EEA; (ii) a creditinstitution authorised within a signatory state, other than a Member State of the EEA, to the Basle Capital Convergence Agreement of July 1988 (Canada, Japan, Switzerland and the US); or (iii) a credit institution authorised in Australia, Guernsey, the Isle of Man, Jersey or New Zealand;
Relevant Institution means a credit institution authorised in the European Economic Area (“EEA”) (EU Member States, Norway, Iceland, Liechtenstein), a credit institution authorised within a signatory state, other than a member state of the EEA, to the Basle Capital Convergence Agreement of July 1988 (Switzerland, Canada, Japan, United States of America) or a credit institution authorised in Jersey, Guernsey, the Isle of Man, Australia, or New Zealand;

Examples of Relevant Institution in a sentence

  • If an OTC counterparty (which is not a Relevant Institution) engaged by the Company, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective.

  • A Relevant Institution may process payments in relation to the activities authorised by paragraphs 3a and 3b.

  • In the event that the risk exposure to the Approved Counterparty in such a Derivative Contract exceeds the limits prescribed by the Central Bank, the Approved Counterparty is required to provide Collaterals to the Fund such that the risk exposure to the Approved Counterparty is limited to 10% (if the Approved Counterparty is a Relevant Institution) or 5% (in all other cases) of the Net Asset Value of the Fund.

  • If a counterparty (which is not a Relevant Institution) engaged by the ICAV, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective.

  • If an OTC counterparty (which is not a Relevant Institution) engaged by the ICAV, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective.


More Definitions of Relevant Institution

Relevant Institution means a credit institution which falls under one of the following categories:
Relevant Institution means a period of 8 years beginning with the acquisition of a Share by a Shareholder and each subsequent period of 8 years beginning immediately after the preceding Relevant Period. means credit institutions authorised in an EEA Member State or credit institutions authorised within a signatory state (other than an EEA Member State) to the Basle Capital Convergence Agreement of July 1988, or a credit institution in a third country deemed equivalent pursuant to Article 107(4) of the Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012.
Relevant Institution means (i) a credit institution authorised in the EEA; (ii) a credit institution
Relevant Institution means a state organ responsible for administering or having special technical expertise on a specific sector of genetic resources or community knowledge;
Relevant Institution means an EU credit institution, a bank authorised in a member state of the European Economic Area (“EEA”) (Norway, Iceland, Liechtenstein), a bank authorised by a signatory other than an EU member state or member state of the EEA, to the Basle Capital Convergence Agreement of July 1988 (Switzerland, Canada, Japan, United States of America), or a bank authorised in Jersey, Guernsey, the Isle of Man, Australia or New Zealand;
Relevant Institution means (i) a credit institution authorised in the EEA; (ii) a credit institution authorised within a signatory state, other than a Member State of the EEA, to the Basle Capital Convergence Agreement of July 1988 (Canada, Japan, Switzerland and the US); or (iii) a credit institution authorised in Australia, Guernsey, the Isle of Man, Jersey or New Zealand, in a third country deemed equivalent pursuant to Article 107(4) of the Regulation (EU) no 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012;
Relevant Institution means a credit institution authorised in the European Economic Area (“EEA”) (EU Member States, Norway, Iceland, Liechtenstein), a credit institution authorised within a signatory state, other than a member state of the EEA, to the Basle Capital