Financial Services. Article 116
Financial Services. The Parties shall cooperate with a view to the rapprochement of their standards and rules, in particular:
(a) to encourage the strengthening and restructuring of the financial sector in Egypt;
(b) to improve accounting and supervisory and regulatory systems of banking, insurance and other parts of the financial sector in Egypt.
Financial Services. As regards financial services, the Parties agree to maintain an exchange of information and experiences on their respective supervisory and regulatory environments, and strengthen cooperation with a view to improving accounting, auditing, supervisory and regulatory systems for banking, insurance and other parts of the financial sector.
Financial Services. The Charter School shall control and be responsible for financial management and performance of the Charter School including budgeting and expenditures. The Charter School shall operate on a fiscal year that begins July 1 and ends June 30. At all times, the Charter School shall maintain appropriate governance and managerial procedures and financial controls, including without limitation: (1) commonly accepted accounting practices and the capacity to implement them; (2) a bank account maintained within this State; (3) adequate payroll procedures; (4) an organizational chart; (5) procedures for the creation and review of monthly and quarterly financial reports, including identification of the individual who will be responsible for preparing such financial reports in the following fiscal year; (6) internal control procedures for cash receipts, cash disbursements and purchases; and (7) maintenance of asset registers and financial procedures for grants in accordance with applicable federal and state law The Charter School shall undergo an independent financial audit conducted in accordance with generally accepted accounting principles (GAAP) performed by a certified public accountant each fiscal year. The results of the audit will be provided to the School District in written form in accordance with the date established by law and regulation. The Charter School shall pay for the audit. The Charter School shall prepare quarterly financial reports for the School District in compliance with this Agreement. Such reports shall be submitted to the School District no later than fifteen (15) days following the end of each quarter.
Financial Services. Provides treasury, accounting, tax, financial planning, rate and auditing services services. Costs of a general nature are allocated using the Three-Factor Formula.
Financial Services. The aim of cooperation shall be to achieve closer common rules and standards in areas including the following:
(a) developing the financial markets in Lebanon;
(b) improving accounting, auditing, supervision and regulation of financial services and financial monitoring in Lebanon.
Financial Services. The objective of cooperation will be the improvement and development of financial services. It will take the form of: — encouraging the strengthening and restructuring of the Palestinian financial sector, — improving Palestinian accounting, supervisory and regulatory systems of banking, insurance and other parts of the financial sector.
Financial Services. 1. Provide the Unit with the Council EIN and permission to use the EIN to open a bank account in the name of the Unit, which would be managed by the Unit.
2. Provide the Unit with policies and procedures for financial reporting and asset management, and report Unit financial activity as directed by the Local Council.
Financial Services. 1. The Parties undertake to establish cooperation in the financial services sector, in conformity with their laws, regulations and policies and in accordance with the rules and disciplines of the GATS, in light of their mutual interest and long and medium-term economic objectives.
2. The Parties agree to work together both bilaterally and at the multilateral level to increase mutual understanding and awareness of their respective business environments and to bring about exchanges of information on financial regulations, financial supervision and control and other aspects of common interest.
3. Such cooperation shall have the particular objective of encouraging improved and diversified productivity and competitiveness in the financial services sector.
Financial Services. Compensation Scheme
