Competence Requirements definition

Competence Requirements means the mandatory requirements fixed in Contract clause 5 for ensuring the quality of Registration Services during the term of validity of the Contract.
Competence Requirements means mandatory requirements as provided in clause 5.1 of this Contract which requirements shall be fulfilled by the Registrar.
Competence Requirements means and refers to the fit and proper requirements as prescribed by the FAIS Act which an FSP including the Key Individual and Representative needs to comply with within the prescribed time frame. The Competence Requirements include the following: COMPLIANCE SERVICE_ASTUTE_ONLINE_V1 1.1.8.1 Qualifications of a representative; 1.1.8.2 completed RE; 1.1.8.3 product specific training; 1.1.8.4 class of business training; 1.1.8.5 representative experience in sub-categories;

Examples of Competence Requirements in a sentence

  • To buttress the assertion, the International Education Standard No 8, Competence Requirements for Professional Accountants identifies the knowledge capability of auditors to comprise “historical financial information audit at a higher level, financial accounting and reporting at a higher standard, and information technology” (IFAC, 2006).

  • Factors that have led to negative audit outcomes relate to capacity of Budget and Treasury Offices’ ability to achieve the Minimum Competence Requirements and National Treasury standards, poor record management and lack of a proper audit trail, vacant CFO posts, irregular reconciliations, inadequate financial management systems and failure ensuring asset registers are GRAP compliant.

  • EYG We support the efforts of the International Accounting Education Standards Board (IAESB) in seeking views on a number of specific issues that require consideration in relation to the IAESB’s planned revision of International Education Standard (IES) 8: Competence Requirements for Audit Professionals, and we understand that these views also will inform the development of implementation guidance for this standard.

  • This IEPS is also relevant for IFAC member bodies implementing IES 7, Continuing Professional Development: A Program of Lifelong Learning and Continuing Development of Professional Competence and IES 8, Competence Requirements for Audit Professionals.NZICA Para 4 – Reference to the fact the IEPS is relevant to implementation of IES 7 and IES 8.

  • CICPA The Chinese Institute of Certified Public Accountants (CICPA) is very pleased to see that IAESB has recently released the revised Framework for International Education Standards for Professional Accountants (Framework), and started the revision of IES8: Competence Requirements for Audit Professionals according to the requirements of Framework and the Drafting Conventions attached after the Framework.

  • Popoola (2014) empirically confirms the direct influence of KR on TPFRA in its study entitled “Forensic Accountants, Auditors and Fraud: Capability and Competence Requirements in the Nigerian Public Sector” and Davis et al.

  • Professional Competence Requirements and Objects of Assessment‌ Professional competence is the ability of a specialist to solve a set of professional tasks using their knowledge, skills and personal qualities.

  • Though the curriculum is broadly in compliance with International Education Standards (IES-2, Content of Professional Accounting Education Programs, and IES-8, Competence Requirements for Audit Professionals) and the EU Statutory Directive, it has not kept fully abreast of developments in ISAs, IFRS and the ethical requirements that have been updated substantially since the Bosnia and Herzegovina curriculum was adopted in 2005.

  • The CPA examination should incorporate the requirements of IES 8, Competence Requirements for Audit Professionals.

  • The purpose of the said Consultations was mainly to transpose Article 10 of the IDD and Annex I (Minimum Professional Knowledge and Competence Requirements) of the IDD, as well as a to consult on a regime of ancillary insurance intermediaries as proposed by the MFSA.

Related to Competence Requirements

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Jurisprudence requirement means the assessment of an individual's knowledge of the laws and rules governing the practice of physical therapy in a state.

  • performance requirement means a requirement that:

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • essential requirements means all the conditions set out in Annex III which must be met by the rail system, the subsystems, and the interoperability constituents, including interfaces;

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • Debt Service Requirement means, as of any date of calculation with respect to the Bonds, the sum of (i) all interest due or to become due on such date on all Outstanding Bonds plus (ii) all Principal Installments due or to become due on such date on all Outstanding Bonds or, if no Principal Installment is due and payable on such date on any Outstanding Bonds, one- half of the Principal Installments, if any, due and payable on all Outstanding Bonds on the next succeeding Interest Payment Date.

  • Applicable Requirements means all applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits, licenses, authorizations, approvals and other duly authorized actions of any federal, state, local or other governmental regulatory or administrative agency, court, commission, department, board, or other governmental subdivision, legislature, rulemaking board, tribunal, or other governmental authority having jurisdiction, NYISO, NYSRC and NPCC requirements, and any applicable reliability standards.

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Perfection Requirements means the making or procuring of filings, stampings, registrations, notarisations, endorsements, translations and/or notifications of any Finance Document (and/or any Security created under it) necessary for the validity, enforceability (as against the relevant Obligor or any relevant third party) and/or perfection of that Finance Document.

  • Qualification Requirements means the qualification requirements as set forth in Section-2, Clause 2.1 of this RFP;

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Rebate Requirement means the amount of arbitrage profits earned from the investment of gross proceeds of Tax-exempt Bonds in nonpurpose investments described in Section 148(f)(2) of the Code and defined as “Rebate Amount” in Section 1.148-3 of the Treasury Regulations, which is payable to the United States at the times and in the amounts specified in such provisions.

  • Reporting Requirements As defined in Section 11.15.

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Requirements means and include schedules, details, description, statement of technical data, performance characteristics, standards (Indian as well as International) as applicable and specified in the Contract.