Common use of Prudential carve-out Clause in Contracts

Prudential carve-out. 1. Nothing in this Agreement shall prevent a Party from adopting or maintaining measures for prudential reasons, such as: (a) the protection of investors, depositors, policy-holders or persons to whom a fiduciary duty is owed by a financial service supplier; (b) ensuring the integrity and stability of a Party’s financial system. 2. Where such measures do not conform with the provisions of this Agreement, they shall not be used as a means of avoiding the Party’s commitments or obligations under the Agreement. 3. Nothing in this Agreement shall be construed to require a Party to disclose information relating to the affairs and accounts of individual consumers or any confidential or proprietary information in the possession of public entities.

Prudential carve-out. 1. Nothing in this Agreement shall prevent a Party from adopting or maintaining measures for prudential reasons, such as: (a) the protection of investors, depositors, policy-holders or persons to whom a fiduciary duty is owed by a financial service supplier;; or (b) ensuring the integrity and stability of a the Party’s financial system. 2. Where such measures do not conform with the provisions of this Agreement, they shall not be used as a means of avoiding the Party’s commitments or obligations under the Agreement. 3. Nothing in this Agreement shall be construed to require a Party to disclose information relating to the affairs and accounts of individual consumers or any confidential or proprietary information in the possession of public entities.

Prudential carve-out. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures for prudential reasons, such as: (a) as the protection of investors, depositors, policy-holders policyholders or persons to whom a fiduciary duty is owed by a financial service supplier; (b) , or ensuring the integrity and stability of a Party’s the financial system. 2. Where such measures do not conform with the provisions of this Agreement, they shall not be used as a means of avoiding the Party’s 's commitments or obligations under the this Agreement. 32. Nothing in this Agreement shall be construed to require a Party to disclose information relating to the affairs and accounts of individual consumers customers or any confidential or proprietary information in the possession of public entities.

Prudential carve-out. 1. Nothing in this Agreement shall prevent a Party from adopting or maintaining measures for prudential reasons, such asincluding for: (a) the protection of investors, depositors, policy-holders or persons to whom a fiduciary duty is owed by a financial service supplier;; or (b) ensuring the integrity and stability of a the Party’s 's financial system. 2. Where such measures do not conform with the provisions of this Agreement, they shall not be used as a means of avoiding the Party’s commitments or 's obligations under the this Agreement. 3. Nothing in this Agreement shall be construed to require as requiring a Party to disclose information relating to the affairs and accounts of individual consumers customers or any confidential or proprietary information in the possession of public entities.