Performing BCR's legal obligations Sample Clauses

Performing BCR's legal obligations for the following purposes: Fraud prevention and guaranteeing banking secrecy by analysing/verifying the authenticity of the presented ID, by performing the obligations related to the provision of the banking services offered, by recording in BCR’s information registration system the data comprised in the identity document; compliance with the legal norms applicable in the banking field in order to meet the know-your-client requirements, prevent money laundering and terrorism financing activities, report daily the transactions according to the applicable legislation, manage the conflicts of interests, manage the inspections carried out by the authorities with respect to the customer service; performance of all BCR’s obligations related to the bank supervision activity carried out with respect to BCR and the Erste group and the obligations of reporting to the Erste group or to the supervision authorities (including by transmitting the data to the Central Credit Register managed by NBR); compliance with the national and European prudential requirements applicable to credit institutions (including the effective management of the risk of fraud by keeping a warning list documenting the fraud attempts or suspicions); credit risk management and strategic risk management by creating a Client profile; assessment of the eligibility for the purpose of granting certain standard or customized banking products and services (including the granting / approval stage), by creating a profile taking into consideration indicators in the assessment of creditworthiness, of the credit risk and determining the indebtness (in accordance with the obligations provided by NBR Regulation 5/2013 on prudential requirements for credit institutions and NBR Regulation 17/2012 on certain lending conditions); assessing investment behaviour by creating a profile; liquidity management, balance sheet optimization and determining transfer pricing; portfolio management; financial administrative management; keeping/storage (prior to archiving) and archiving of documents according to the legal provisions of the contractual documentation (including to ensure the operations related to these activities); internal audit; ensuring security in the premises of BCR and its branches; implementing personal data update and security measures (including backing up); management of the relations with the public authorities or with other persons who provide a public service (judicial executors, notaries, etc. To ac...
Sample 1
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Related to Performing BCR's legal obligations

  • COMPLIANCE WITH LEGAL OBLIGATIONS Contractor shall procure and maintain for the duration of this Contract any state, county, city or federal license, authorization, waiver, permit, qualification or certification required by statute, ordinance, law, or regulation to be held by Contractor to provide the goods or services required by this Contract. Contractor will be responsible to pay all taxes, assessments, fees, premiums, permits, and licenses required by law. Real property and personal property taxes are the responsibility of Contractor in accordance with NRS 361.157 and 361.159. Contractor agrees to be responsible for payment of any such government obligations not paid by its subcontractors during performance of this Contract.

  • Retention of Legal Obligations 22.5.1 Notwithstanding the Supplier's right to sub-contract pursuant to this Clause 22, the Supplier shall remain responsible for all acts and omissions of its Sub-Contractors and the acts and omissions of those employed or engaged by the Sub-Contractors as if they were its own.

  • Legal obligations It is the responding Vendor’s responsibility to be aware of and comply with all local, state and federal laws governing the sale of products/services identified in the applicable Solicitation that resulted in this Vendor Agreement and any awarded Agreement thereof. Applicable laws and regulations must be followed even if not specifically identified herein. Audit rights Due to transparency statutes and public accountability requirements of TIPS and TIPS Members’, the awarded Vendor shall, at their sole expense, maintain appropriate due diligence of all purchases made by TIPS Member that utilizes this Agreement. TIPS and Region 8 ESC each reserve the right to audit the accounting of TIPS related purchases for a period of three (3) years from the time such purchases are made. This audit right shall survive termination of this Agreement for a period of one (1) year from the effective date of termination. In order to ensure and confirm compliance with this agreement, TIPS shall have authority to conduct audits of Awarded Vendor’s pricing or TIPS transaction documentation with TIPS Members with 30 days’ notice unless the audit is ordered by a Court Order or by a Government Agency with authority to do so without notice. Notwithstanding the foregoing, in the event that TIPS is made aware of any pricing being offered to eligible entities that is materially inconsistent with the pricing under this agreement, TIPS shall have the ability to conduct the audit internally or may engage a third- party auditing firm to investigate any possible non- compliant conduct or may terminate the Agreement according to the terms of this Agreement. In the event of an audit, the requested materials shall be reasonably provided in the time, format and at the location acceptable to Region 8 ESC or TIPS. TIPS agrees not to perform a random audit the TIPS transaction documentation more than once per calendar year, but reserves the right to audit for just cause or as required by any governmental agency or court with regulatory authority over TIPS or the TIPS Member.

  • Professional Obligations An employee's professional obligation comprises both scheduled and non-scheduled activities. It is a part of the professional responsibility of employees to carry out their duties in an appropriate manner and place. For example, while instructional activities, office hours, student advising, and certain other duties and responsibilities, may be required to be performed at a specific time and place, other non-scheduled activities are more appropriately performed in a manner and place determined by the employee in consultation with his/her supervisor.

  • Responsibilities of Contractor A. The Contractor shall perform all work on the described project as required by the Contract documents. The work to be performed includes the labor and services necessary to produce such replacement, and all materials, supplies, tools, transportation, equipment, and machinery required for replacement.

  • Parties to Perform Obligations 16.4.1 Notwithstanding the existence of any Dispute and difference referred to the Appropriate Commission and save as the Appropriate Commission may otherwise direct by a final or interim order, the Parties hereto shall continue to perform their respective obligations (which are not in dispute) under this Agreement.

  • FIRM’S OBLIGATIONS 3.1 Firm shall comply with the Rules and this Agreement at all times and shall timely pay all fees established in accordance with the Rules.

  • Contracting Body's Obligations Any Contracting Body ordering the Services under this Framework Agreement through a further competition shall:

  • OBLIGATIONS AND ACTIVITIES OF CONTRACTOR AS BUSINESS ASSOCIATE 1. Contractor agrees not to use or further disclose PHI County discloses to Contractor other than as permitted or required by this Business Associate Contract or as required by law.

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