AML Directives definition

AML Directives means the 4th and 5th AML Directives and the AML Criminal Law Directive.
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AML Directives means the 4th and the 5th AML Directives and the AML Criminal Law Directive.
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AML Directives means the 4th and the 5th AML Directives and the AML Criminal Law Directive. “Annual Financial Statement” means the audited annual report for the period starting the 1st of January and ending the 31 December of each year. "Authorisation" means an authorisation, permit, consent, approval, resolution, licence, exemption, filing, notarisation or registration. "Authorised Signatory" means a person authorised to sign individually or jointly (as the case may be) Disbursement Acceptances on behalf of the Borrower and named in the most recent List of Authorised Signatories and Accounts received by the Bank prior to the receipt of the relevant Disbursement Acceptance. "Business Day" means a day (other than a Saturday or Sunday) on which the Bank and commercial banks are open for general business in Luxembourg and in Hamburg. "Cash and Cash Equivalent Investments" means, for any financial year, the aggregate of: (a) cash in hand or on deposit with any bank, including, without limitation, any amounts standing to the credit of any current account and any overnight and time deposits; (b) any investment in money market funds according to the most recent Investment Policy of the Borrower as per the balance sheet position in the Annual Financial Statement of the Borrower, a copy of which to be provided to the Bank upon request;
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Examples of AML Directives in a sentence

  • On the other hand, AML Directives require e-money issuers to carry out sufficient monitoring of the transactions to apply customer due diligence exemptions.

  • The information stored in the Register is not available to the public.GDPML in the framework of the ToC findings, in regard to Law no 9917 /2008 “On the prevention of money laundering and financing of terrorism” prepared the legal amendments for the full alignment of this law with EU AML Directives (2015/849 as amended by 2018/843).

  • In order to achieve this goal, the EC has suggested that certain provisions of the AML Directives should become directly applicable by transforming them into a Regulation.

  • Users who have the ability to protect the security of their data online will tend to implement protective behavior.

  • This rationale and reporting structure has been maintained, extended and enhanced, in subsequent AML Directives (see table 6.1).Successive inclusion and extension of reporting entitiesFirst (1991)AMLTable 6.1 Successive inclusion and extension of reporting entities.

  • This is inconsistent with the regulatory requirement of the SEC AML Directives.

  • The choice for an Anti-money Laundering Regulation (AMLR) instead of a Directive is the right response to the fragmented and ineffective regulatory landscape following the adoption of five AML Directives with minimum standards over the last 30 years.

  • Complex legal entity ownership structures can raise suspicions about the legitimacy of such a structure, especially in the case of a jurisdiction that is associated with a high risk of money laundering1.In this regard, the European Union (the ‘EU’) has adopted the 4th and 5th AML Directives, which—inter alia—increase transparency and increase access to beneficial ownership information through the establishment of national central registries.

  • Section 250 permits a domestic corporation to deduct an amount equal to 37.5% of the corporation’s FDII.

  • Participant will not make any direct or indirect written or oral statements to the press, television, radio, on social media or to, on or through other media or other external persons or entities concerning any matters pertaining to the business and affairs of the Company, its affiliates or any of its officers or directors.

Related to AML Directives

  • UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended;

  • CRD IV Directive means Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as the same may be amended or replaced from time to time.

  • Waste Framework Directive or “WFD” means Waste Framework Directive 2008/98/EC of the European Parliament and of the Council on waste

  • the Directive means Council Directive 2003/4/EC(d) on public access to environmental information and repealing Council Directive 90/313/EEC;

  • Quality Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.3 of Exhibit B to the ITP.