External Examiner Sample Clauses
External Examiner. 1. Without prejudice to the principle of Central Bank independence in the performance of its public tasks, as established under Article 130 and Article 282(3) of the TFEU and in the relevant national legislation, the Eurosystem shall facilitate [insert name of Con- tracting non-Euro NCB]’s and its auditors’ (meaning any auditor which has the right to audit [insert name of Contracting non-Euro NCB] pursuant to national legislation or central bank policy) compliance with applicable national legal requirements in relation to [insert name of Contracting non-Euro NCB]’s connection to T2S under this Agree- ment. The Parties agree that without prejudice to the above-mentioned principle to the extent legally possible recourse would be made to the External Examiner in line with the following provisions.
2. The performance of the T2S Services shall be subject to technical and operational examinations performed by the External Examiner appointed by the Governing Coun- cil on the proposal of the T2S CSG and after having consulted the T2S NECSG on this proposal. [insert name of Contracting non-Euro NCB] shall not bear any of the costs of the External Examiner for these regular examinations or the special examina- tions due to incidents specified in paragraph 5.
3. The External Examiner shall be a well-reputed, internationally active accounting firm. The External Examiner shall perform its services within the scope set by the Governing Council and in accordance with internationally recognised audit standards including but not limited to the Statement on Standards for Attestation Engagements (SSAE) No 16 or International Standards for Assurance Engagements (ISAE) No 3402 or any re- placement of these standards. The External Examiner shall be changed every four years.
4. The Governing Council shall set the External Examiner’s mission statement and a multi-year examination plan, taking into account examination items proposed by the T2S NECSG. Without prejudice to paragraph 5, the scope of the regular and any spe- cial examinations shall be limited to the provision of T2S Services or directly related aspects. The objective of these examinations is to give to the T2S NECSG reasonable assurance about whether (i) the organisation set by the Eurosystem meets the obliga- tions established in this Agreement and (ii) the controls implemented by the Eurosystem are suitably designed to meet the security objectives. Moreover, the Ex- ternal Examiner shall deliver an opinion on the ef...
External Examiner. 6.1 UCPH’s supervisor shall personally appoint the external examiner, who may borrow a copy of the Examination Project Report. The supervisor shall ensure that the report is returned after the evaluation of the project, and that the external examiner is aware that parts of the Examination Project Report are confidential. No formal agreement shall be made with the external examiner in this respect.
External Examiner. An external examiner is an independent expert who is a member of the broader community of practice within the programme’s field of learning and whose accomplishments attest to his/her likelihood of having the authority necessary to fulfil the responsibilities of the role.