Examples of Covered Administrator in a sentence
The Authorities acknowledge that nothing in this Article 8 prevents an Authority from disclosing information it receives directly from a Covered Administrator.
The information to be provided by an Authority pursuant to this paragraph will refer to a Covered Administrator and/or a Covered Benchmark.
The restrictions in this Article do not apply to an Authority’s use of information it obtains directly from a Covered Administrator.
When establishing the scope of any proposed On-site Inspection by UK FCA officers, the UK FCA will give due and full consideration to the supervisory activities of ESMA given the UK FCA’s reliance on the supervisory and enforcement capabilities of ESMA in respect of the Covered Administrator and Covered Benchmarks and will consider any information that was made available or is capable of being made available by ESMA.
The information to be provided by an Authority pursuant to this paragraph will refer to a Covered Administrator or Covered Benchmark.
As part of its ongoing supervisory activity, ESMA intends to rely mainly on the EU legal representative of a Covered Administrator in order to obtain information on the Covered Administrator in respect of its provision of a Covered Benchmark.
The Authorities should, within the framework of this MoU, provide each other with the fullest cooperation permissible under their Laws and Regulations in relation to all relevant information and supervisory activities regarding a Covered Administrator in connection with the Covered Administrators’ provision of a Covered Benchmark.
For the avoidance of doubt this paragraph shall apply in respect of relevant information relating to any EU critical benchmarks and its Covered Administrator, unless it has been specifically disapplied in the applicable Supervisory College Arrangement or other relevant written arrangement (including any confidentiality side letter mutually agreed by the Authorities) relating to that EU critical benchmark or Covered Administrator.
The Authorities acknowledge that nothing in this Article 8 prevents an Authority from disclosing information it receives directly from a Covered Administrator, other than non- public information that is provided to an Authority pursuant to an information-sharing request pursuant to Article 3(4) of this MoU or as part of an On-site Inspection referred to in Article 5.
In the event of an On-site Inspection, MAS will assist ESMA in reviewing, interpreting and analysing the contents of public and non-public Books and Records and obtaining information from directors and senior management of a Covered Administrator in respect of its administration of a Covered Benchmark.