CIP Regulation definition

CIP Regulation has the meaning specified in Section 10.11.
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CIP Regulation has the meaning specified in Section 10.11. “Citibank” means Citibank, N.A. and its successors.
Sample 1

Examples of CIP Regulation in a sentence

  • The CIP Regulation will impact every institution that we examine.

  • Like other sections of the USAPA, Treasury has codified the CIP Regulation in the general requirements of the Bank Secrecy Act under Part 103 of Title 31 of the Code of Federal Regulations, 31 CFR Part 103.121.

  • In the CIP Regulation, thrifts are required to: • Implement a written CIP appropriate for its size and type of business.• Incorporate the CIP into its anti-money laundering program, which must be approved by the thrift's board of directors.

  • The CIP Regulation prescribes different requirements for customers who are U.S. persons and those that are non- U.S. persons.

  • The CIP Regulation prescribes different requirements for customers who are U.S. persons and those that are non U.S. persons.

  • In the CIP Regulation, thrifts are required to: • Implement a written CIP appropriate for its size and type of business.• Incorporate the CIP into its anti-money laundering program, which must be approved by the thrift’s board of directors.• Include in the CIP, risk-based procedures for verifying the identity of each customer to the extent reasonable and practicable.

  • For all exams, regardless of their start date, the CIP Regulation adds to and does not replace any already existing anti-money laundering and BSA requirements.

  • Congress instructed the Secretary of the Treasury, after consultation with the financial institution functional regulators, to issue regulations implementing the requirements of Section 326 (CIP Regulation).

  • For exams that commence prior to that date, examiners should remind thrifts of their upcoming obligations.We will examine for compliance with the CIP Regulation, as well as the other applicable USAP A regulations, through our BSA program in the melded exam.

  • The CIP Regulation includes a sample notice, which thrifts may use.• Comply by the effective date.

Related to CIP Regulation

  • CIP Regulations has the meaning provided in Section 9.07.

  • EP Regulations means The Environmental Permitting (England and Wales) Regulations SI 2016 No.1154 and words and expressions used in this permit which are also used in the Regulations have the same meanings as in those Regulations.

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • FCC Regulations means the regulations duly and lawfully promulgated by the FCC, as in effect from time to time.

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • DP Regulator means any governmental or regulatory body or authority with responsibility for monitoring or enforcing compliance with the Data Protection Laws;

  • Market Abuse Regulation means Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014, as amended or replaced from time to time;

  • Privacy Regulations means the Privacy and Electronic Communications (EC Directive) Regulations 2003 as amended in 2004, 2011, 2015 and 2016 and as may be further amended from time to time;

  • PPPFA Regulations means the Preferential Procurement Regulations, 2017 published in terms of the PPPFA.

  • HIPAA Regulations means the regulations promulgated under HIPAA by the United States Department of Health and Human Services, including, but not limited to, 45 C.F.R. Part 160 and 45 C.F.R. Part 164.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • SEBI ICDR Regulations means Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended;

  • OFAC Regulations means the regulations promulgated by OFAC, as amended from time to time.

  • ISA Regulations means The Individual Savings Account Regulations 1998, as amended or replaced from time to time.

  • AIFM Regulation means Commission Delegated Regulation (EU) No. 231/2013.

  • CDM Regulations means the Construction (Design and Management) Regulations 2015;

  • FHA Regulations Regulations promulgated by HUD under the National Housing Act, codified in 24 Code of Federal Regulations, and other HUD issuances relating to FHA Loans, including the related handbooks, circulars, notices and mortgagee letters.

  • Medicare Regulations means, collectively, (a) all Federal statues (whether set forth in Title XVIII of the Social Security Act or elsewhere) affecting the health insurance program for the aged and disabled established by Title XVIII of the Social Security Act and any statues succeeding thereto and (b) all applicable provisions of all rules, regulations, manuals and orders and administrative, reimbursement and other guidelines having the force of law of all Governmental Authorities (including CMS, the OIG, HHS or any person succeeding to the functions of any of the foregoing) promulgated pursuant to or in connection with any of the foregoing having the force of law, as each may be amended, supplemented or otherwise modified from time to time.

  • Radio Regulations means the Radio Regulations annexed to, or regarded as being annexed to, the most recent International Telecommunication Convention which may be in force at any time.

  • the 2010 Regulations means the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010;

  • SEBI Listing Regulations means SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended

  • TUPE Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006, as amended.

  • OHS Regulation means the Workers Compensation Act (British Columbia), including without limitation, the Occupational Health & Safety Regulation (BC Regulation 296/97, as amended by BC Regulation 185/99) enacted pursuant to such Act, all as such Act or Regulations are amended or re-enacted from time to time.

  • the 2001 Regulations means the Water Supply (Water Quality) Regulations 2001[63];

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.

  • EU Regulation means a regulation within the meaning of Article 288 of the Treaty on the Functioning of the European Union;