Asset Recovery Offices definition

Asset Recovery Offices means the national offices designated by the Member States pursuant to Article 8(1) of Council Decision 2007/845/JHA for the purposes of the facilitation of the tracing and identification of proceeds of crime and other crime related property in view of its possible freezing, seizure or confiscation based on an order issued by a competent judicial authority;
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Asset Recovery Offices means the national offices set up or designated by each Member State pursuant to Decision 2007/845/JHA;
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Asset Recovery Offices means the national offices set up or designated by each Member State pursuant to Decision2007/845/JHA;
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Examples of Asset Recovery Offices in a sentence

  • Council Decision 2007/845/JHA of 6 December 2007 concerning cooperation between Asset Recovery Offices of the Member States in the field of tracing and identification of proceeds from, or other property related to, crime, OJ L 332, 18.12.2007, p.

  • These Share Provisions shall be governed by and are subject to the applicable provisions of the Act and all other laws binding upon the Corporation and, except as otherwise expressly provided herein, all terms used herein which are defined in the Act shall have the meanings respectively ascribed thereto in the Act.

  • Asset Recovery Offices should be designated among the competent authorities and have direct access to the information held in centralised bank account registries when preventing, detecting or investigating a specific serious criminal offence or supporting a specific criminal investigation, including the identification, tracing and freezing of assets.

  • It should involve Europol and its European Financial and Economic Crime Centre, cooperate with the Network of Asset Recovery Offices, and contribute to improve investigators’ analysis, understanding of trends and emerging risks, and strengthen their capacity.

  • Council Decision 2007/845/JHA7 obliges Member States to set up or designate national Asset Recovery Offices in order to ensure the fastest possible EU-wide tracing of illicit assets.

  • For more information on the FATF/Moneyval mutual evaluations, visit http://www.fatf-gafi.org/compensation of victims of crime and (vi) reinforcing the capacity of the Asset Recovery Offices to trace and identify illicit assets.

  • Since 2015, all Member States have designated their Asset Recovery Offices and the Europol SIENA has become the preferred secure information-exchange system for the Asset Recovery Offices (all Asset Recovery Offices except Cyprus, Malta, Romania and Slovenia have ‘Asset Recovery Office’ sub-entities in SIENA).

  • The Board shall amend its Corporate Governance Guidelines to reflect that: (i) nomember of the Board may simultaneously serve on more than three (3) public company boards unless the Governance Committee and the Board determine that doing so would not impair the director’s service on the Board; and (ii) in any such evaluation, the Governance Committee and the Board will consider whether the member serves on the Audit Committee and the additional responsibilities associated therewith.

  • They shall include the Europol National Units and the Asset Recovery Offices.

  • The exchange of information between the Asset Recovery Offices has increased dramatically over the course of the past 8 years from 539 exchanges in 2012 to 7,659 in 2019.

Related to Asset Recovery Offices

  • Asset-Related Property shall have the meaning assigned thereto in Section 2.1(b).

  • Primary Servicing Office The office of the Master Servicer or the Special Servicer, as the context may require, that is primarily responsible for such party’s servicing obligations hereunder.

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • Shared-Loss Asset Repurchase Price means, with respect to any Shared-Loss Asset, the principal amount thereof plus any other fees or penalties due from an Obligor (including, subject to the limitations discussed below, the amount of any Accrued Interest) stated on the Accounting Records of the Assuming Institution, as of the date as of which the Shared-Loss Asset Repurchase Price is being determined (regardless, in the case of a Shared-Loss Loan, of the Legal Balance thereof) plus all Reimbursable Expenses and Recovery Expenses incurred up to and through the date of consummation of purchase of such Shared-Loss Asset; provided, that (i) in the case of a Shared-Loss Loan there shall be excluded from such amount the amount of any Accrued Interest accrued on or with respect to such Shared-Loss Loan prior to the ninety (90)-day period ending on the day prior to the purchase date determined pursuant to Sections 2.1(e)(i) or 2.1(e)(iii) of this Commercial Shared-Loss Agreement, except to the extent such Accrued Interest was included in the Book Value of such Shared-Loss Loan, and (ii) any collections on a Shared-Loss Loan received by the Assuming Institution after the purchase date applicable to such Shared-Loss Loan shall be applied (without duplication) to reduce the Shared-Loss Asset Repurchase Price of such Shared-Loss Loan on a dollar-for-dollar basis. For purposes of determining the amount of unpaid interest which accrued during a given period with respect to a variable-rate Shared-Loss Loan, all collections of interest shall be deemed to be applied to unpaid interest in the chronological order in which such interest accrued.

  • money remittance means a payment service where funds are received from a payer, without any payment accounts being created in the name of the payer or the payee, for the sole purpose of transferring a corresponding amount to a payee or to another payment service provider acting on behalf of the payee, and/or where such funds are received on behalf of and made available to the payee;

  • Eligible Asset Representations Reviewer means a Person who (i) is not, and is not Affiliated with, the Sponsor, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (ii) was not engaged or Affiliated with a Person that was engaged by the Sponsor or any Underwriter to perform any due diligence on the Receivables prior to the Closing Date.

  • XXXXX Administrator’s Website means the Bank of England’s website, currently at xxxx://xxx.xxxxxxxxxxxxx.xx.xx, or any successor source for the Sterling Overnight Index Average identified as such by the XXXXX Administrator from time to time.

  • At-home recovery visit means the period of a visit required to provide at home recovery care, without limit on the duration of the visit, except each consecutive four (4) hours in a twenty-four-hour period of services provided by a care provider is one visit.

  • Non-Lead Asset Representations Reviewer means the party acting as “asset representations reviewer” (within the meaning of Item 1101(m) of Regulation AB) under a Non-Lead Securitization Servicing Agreement.

  • Postpartum recovery means (a) the entire period a woman or

  • AFFILIATED SUBCUSTODIAN means a Subcustodian that is an Affiliate.

  • Related provider trust means a titling trust or other trust established by a licensed viatical settlement provider or a financing entity for the sole purpose of holding the ownership or beneficial interest in purchased policies in connection with a financing transaction. The trust shall have a written agreement with the licensed viatical settlement provider under which the licensed viatical settlement provider is responsible for ensuring compliance with all statutory and regulatory requirements and under which the trust agrees to make all records and files related to viatical settlement transactions available to the commissioner as if those records and files were maintained directly by the licensed viatical settlement provider.

  • Asset Representations Review means, following the occurrence of a Delinquency Trigger, the review of ARR Receivables to be undertaken by the Asset Representations Reviewer pursuant to the terms of the Asset Representations Review Agreement.

  • Motor vehicle surface means any pervious or impervious surface that is intended to be used by “motor vehicles” and/or aircraft, and is directly exposed to precipitation including, but not limited to, driveways, parking areas, parking garages, roads, racetracks, and runways.

  • Lead Securitization means, if the First Securitization is the Note A-1 Securitization, such Securitization; provided that, if any other Securitization occurs prior to the Note A-1 Securitization, then the First Securitization shall be the Lead Securitization until such time as the Note A-1 Securitization occurs.

  • Daily Remittance is defined in Section 6.11(a) of the Servicing Agreement.

  • University Records means records or record systems that Proposer (1) creates, (2) receives from or on behalf of University, or (3) has access, and which may contain confidential information (including credit card information, social security numbers, and private health information (PHI) subject to Health Insurance Portability and Accountability Act (HIPAA) of 1996 (Public Law 104-191), or education records subject to the Family Educational Rights and Privacy Act (FERPA). General Protection of University Records

  • Property records means the records created and maintained by the contractor in support of its stewardship responsibilities for the management of Government property.

  • Non-Lead Securitization means any Securitization of a Note in a Securitization Trust other than the Lead Securitization.