Bermuda Monetary Authority definition

Bermuda Monetary Authority means the Bermuda Monetary Authority established under the Bermuda Monetary Authority Act 1969;
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Bermuda Monetary Authority means the regulatory authority in Bermuda that is responsible for the registration and on-going supervision of the Reinsurer.
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Bermuda Monetary Authority means the governing insurance regulatory authority of the Bermuda Government.
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Examples of Bermuda Monetary Authority in a sentence

  • The main scientific organizations at the PCB are the Institute for Research in Biomedicine (IRB Barcelona), the Institute for Bioengineering of Catalonia (IBEC), the Molecular Biology Institute of Barcelona (IBMB-CSIC) and the Bosch i Gimpera Foundation, which is the technology transfer and innovation centre of the university.

  • GWM LTD was incorporated in Bermuda in December 2014 and is licensed to conduct investment business by the Bermuda Monetary Authority.

  • The Bermuda Monetary Authority granted approval to GWM LTD for a license under section 16 of the Investment Business Act 2003.

  • Enforcement of such a judgment against assets in Bermuda may involve the conversion of the judgment debt into Bermuda dollars, but the Bermuda Monetary Authority has indicated that its present policy is to give the consents necessary to enable recovery in the currency of the obligation.

  • The Award Agreement is not subject to and has not received approval from the Bermuda Monetary Authority and the Registrar of Companies in Bermuda, and no statement to the contrary, explicit or implicit, is authorized to be made in this regard.

  • Orbis Group Equity Trustees has appointed Orbis Investment Management Limited (Orbis), a company incorporated in Bermuda and licensed by the Bermuda Monetary Authority, to invest and manage the Fund’s assets according to the investment guidelines in this PDS.

  • The Dubai Financial Services Authority (DFSA) and Bermuda Monetary Authority (BMA)Now Health International Limited is regulated by the DFSA.The DFSA is the sole independent financial regulator for the Dubai International Financial Centre (DIFC).

  • The Bermuda Monetary Authority acts as the group supervisor of AXIS Capital.

  • On January 19, 2001, the Company received its certificate of continuance from the Bermuda Monetary Authority in accordance with section 132C (4) (d) of the Companies Act 1981 of Bermuda.

  • The Company shall have no obligation under the provisions of this Agreement unless and until all approvals required from the Bermuda Monetary Authority are received.


More Definitions of Bermuda Monetary Authority

Bermuda Monetary Authority. In order to reflect the requirements set by the BMA, to permit the subordinated notes to qualify as Tier 2 Capital of the Guarantor or the Insurance Group, each holder of subordinated notes is deemed to agree and acknowledge that the subordinated notes and the guarantee will be subordinated to the claims of all Senior Creditors (as defined in the prospectus supplement) on the terms and to the minimum extent necessary under BMA regulatory requirements. By purchasing the subordinated notes, each holder is deemed to agree and acknowledge that no security of any kind is, or will at any time be, provided by the Issuer, the Guarantor or any of their respective affiliates to secure the rights of holders of the subordinated notes.
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Bermuda Monetary Authority means that quasi-governmental authority of similar name in Bermuda and, where applicable, includes any Bermuda governmental authority, department or agency that performs similar functions.
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Related to Bermuda Monetary Authority

  • Highway authority means the state highway commission, a board of county road commissioners or the governing body of a city or village.

  • Supervisory Authority shall have the same meaning as in the GDPR, and their cognate terms shall be construed accordingly.

  • securities regulatory authority or “SRA” means a body created by statute in any Canadian or foreign jurisdiction to administer securities law, regulation and policy (e.g. securities commission), but does not include an exchange or other self regulatory entity;

  • national regulatory authority means a national regulatory authority designated in accordance with Article 39(1) of Directive 2009/73/EC;

  • Regulatory Authority means any applicable supra-national, federal, national, regional, state, provincial or local regulatory agencies, departments, bureaus, commissions, councils or other government entities regulating or otherwise exercising authority with respect to the Exploitation of a Licensed Compound or a Licensed Product in the Territory.

  • foreign regulatory authority means a securities commission, exchange or other securities market regulatory authority in a designated foreign jurisdiction;

  • public authority means any authority or body or institution of self- government established or constituted—

  • Regulator means, with respect to any person, any Government Authority charged with regulating, supervising or examining such person and its Affiliates.

  • County authority means the board of county commissioners,

  • Control authority means the commissioner of the Indiana Department of Environmental Management.

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.

  • Disciplinary Authority means the authority specified in the schedule which is competent to impose on an officer employee any of the penalties specified in regulation 4;

  • Authority Having Jurisdiction means a federal, state, local, or other regional department, or an individual such as a fire marshal, building official, electrical inspector, utility provider or other individual having statutory authority.

  • Governmental Agency means an executive, legislative, or judicial agency, department, board, commission, authority, institution, or instrumentality of the federal government or of a state or of a county, municipality, or other political subdivision of a state.