Common use of Purpose and general principles Clause in Contracts

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRA, the competent supervisory Authority of ADGM. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRAFSA, the competent supervisory Authority of ADGMthe Federation of Bosnia and Herzegovina. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRANBRM, the competent supervisory Authority of ADGMthe Republic of Macedonia. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities�ntities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. 1. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRA, the competent supervisory Authority of ADGMSSF in relation to supervised entities. Such cooperation is essential in order to promote the integrity, safety and soundness of supervised entities and the stability and efficiency of the supervised entitiesfinancial system. 2. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking SupervisionSupervision12. 3. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going ongoing investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. 1.1. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRANBM, the competent supervisory Authority of ADGMthe Republic of Moldova. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. 1.2. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. 1.3. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRACBCG, the competent supervisory Authority of ADGMMontenegro. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance performanGe of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted permi�ed by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRANBS, the competent supervisory Authority of ADGMthe Republic of Serbia. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRABARS, the competent supervisory Authority of ADGMthe Republika Srpska. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the FSRACBK, the competent supervisory Authority of ADGMthe Republic of Kosovo. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised entities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities’ ' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.