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ARDFM definition

ARDFM means the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market or any successor governmental agency in Kazakhstan.

Examples of ARDFM in a sentence

  • In 2021 AFSA completed a series of workstreams and negotiations with the National Bank of the Republic of Kazakhstan (NBK) and the Agency for Regulation and Development of the Financial Markets of the Republic of Kazakhstan (ARDFM), with the involvement of all main stakeholders including the Governor, the AIFC Authority, the Astana International Exchange Ltd (AIX) and AIFC participants.

  • Holders of GDRs will have voting rights on behalf of their beneficial owners with respect to the Deposited Shares, subject to providing the relevant Identity Information to the JSC "Kazakhstan Central Securities Depositary", the Company and, if requested by the ARDFM, the ARDFM not less than five (5) business days prior to the meeting of holders of Shares (unless a different deadline is requested by the ARDFM).

  • ARDFM sets and monitors capital requirements for the Company.The Company defines as capital those items defined by statutory regulations of the Republic of Kazakhstan as capital.

  • The Agency for the Regulation and Development of the Financial Market (ARDFM) recently has become a member of the Sustainable Banking and Finance Network.Credit being at the core of financial resources allocation in Kazakhstan’s financial system turns as an important part of Kazakhstan’s green finance landscape.

  • As of 31 December 2020, the Group has a 87.600 MWh physical electricity purchase protocol and a 87.600 MWh sales protocol to be committed in 2021 and beyond.

  • Prior to 2020, registration was mandatory only for MFOs; in 2020, all EEMA, including pawnshops, CPs and online lending companies, were included in the regulatory framework of the ARDFM.

  • Compliance with AML/CFT requirements by banking and Kazpost's exchange offices is carried out by the ARDFM, while the NB supervises other AIs. Given the rather large number and relatively high percentage of high-risk AIs, taking into account the average ML/TF risk identified by the NB and the limited nature of operations, the AIs sector is recognized as moderately important.

  • Under the current capital requirements set by ARDFM, broker-dealer and investment portfolio management companies have to maintain a ratio of liquid assets less liabilities to statutory minimum capital above the prescribed minimum level.

  • KazPost carries out banking operations, except for deposits and broker/dealer activities, without an ARDFM license.

  • From 2021, microfinance licensing is introduced and as a consequence, EEMA are included in the AML/CFT supervisory perimeter of the ARDFM.

Related to ARDFM

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • snippet means a legally binding agreement (made pursuant to the provisions of this Framework Agreement) for the provision of Goods and Services made between a Contracting Body and the Supplier comprising of an Order Form and the Call-Off Terms as may be amended pursuant to Paragraph 3.1.2 of Framework Schedule 5 (Ordering Procedure);","size":50,"snippetLinks":[{"key":"legally-binding-agreement","type":"clause","offset":[8,33]},{"key":"the- provisions-of-this","type":"clause","offset":[52,74]},{"key":"framework-agreement","type":"definition","offset":[75,94]},{"key":"provision-of-goods-and-services","type":"clause","offset":[104,135]},{"key":"contracting-body","type":"definition","offset":[151,167]},{"key":"the-supplier","type":"clause","offset":[172,184]},{"key":"order-

  • snippetLinks [{"key":"specifically","type":"clause","offset":[20,32]},{"key":"provided-herein","type":"clause","offset":[33,48]},{"key":"at-the-closing","type":"clause","offset":[50,64]},{"key":"the-parties-shall","type":"clause","offset":[65,82]},

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • MECAB refers to the Multiple Exchange Carrier Access Billing document prepared by the Billing Committee of the Ordering and Billing Forum “OBF”, which functions under the auspices of the Carrier Liaison Committee “CLC of the Alliance for Telecommunications Industry Solutions “ATIS”. The MECAB document, published by ATIS as ATIS/OBF- MECAB- Issue 6, February 1998, contains the recommended guidelines for the billing of access services provided to an IXC by two or more LECs, or by one LEC in two or more states within a single LATA.

  • Roomer means a person occupying a dwelling unit that lacks a major bathroom or kitchen facility, in a structure where one or more major facilities are used in common by occupants of the dwelling unit and other dwelling units. Major facility in the case of a bathroom means toilet, or either a bath or shower, and in the case of a kitchen means refrigerator, stove or sink.

  • TMDL means the total maximum daily load limitation of a parameter, representing the estimated assimilative capacity for a water body before other designated uses are adversely affected. Mathematically, it is the sum of wasteload allocations for point sources, load allocations for non-point and natural background sources, and a margin of safety.

  • Mistletoe Thinning means the removal of designated conifer trees bearing visible mistletoe plants on branches as well as visible plants or infections on the stem.

  • CSAM or "Credit Suisse" (or any combination thereof).

  • Spring means a source of water where an aquifer comes in contact with the ground surface.

  • L.S.D. means lysergic acid diethylamide.

  • Scalping means the situation where the Client opens too many positions in CFDs at the same time and closes them for less than five minutes or buying at Bid price and selling at Ask price, so as to gain the Bid/Ask difference.

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • IMRO means the Irish Music Rights Organisation CLG.

  • EPFO means Employees' Provident Fund Organization

  • Virginia Stormwater Management Program or “VSMP” means a program approved by the State Board after September 13, 2011, that has been established by a locality to manage the quality and quantity of runoff resulting from land-disturbing activities and shall include such items as local ordinances, rules, permit requirements, annual standards and specifications, policies and guidelines, technical materials, and requirements for plan review, inspection, enforcement, where authorized in this article, and evaluation consistent with the requirements of this article and associated regulations.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • Holocene means the most recent epoch of the Quaternary period, extending from the end of the Pleistocene Epoch to the present.

  • EG means the Enforcement Guide;

  • ESFA means the Education and Skills Funding Agency.

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • IOSCO means the International Organisation of Securities Commissions.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;