Covered Management Company definition

Covered Management Company means a Thai Management Company or a Hong Kong Management Company that is licensed (Thailand) by the Ministry of Finance upon the recommendation from the SEC or licensed/registered (Hong Kong) by the relevant Authority to manage Covered Funds and that meets the applicable conditions set out in Appendix B to this MoU.
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Covered Management Company means a French Management Company or a Hong Kong Management Company including Persons (employed by, or given the authority to act on behalf of, such entity) who are licensed or authorized by the relevant Authority to manage Covered Funds and meet the applicable conditions as set out in Appendix B to this MoU.
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Examples of Covered Management Company in a sentence

  • The Thai Covered Management Company must ensure that any SFC invoiced fees in respect of the Thai Covered Fund are paid.

  • For offering to the public in Hong Kong, the Thai Covered Fund/Thai Covered Management Company will be subject to the applicable (i) application, (ii) authorisation and (iii) annual fees.

  • The Thai Covered Management Company shall ensure and procure its distributors to ensure that Hong Kong investors are able to bring actions concerning the Thai Covered Fund and the Thai Covered Management Company in the courts of Hong Kong.

  • The Hong Kong Covered Fund must be managed by a Hong Kong Covered Management Company that is licensed by or registered with the SFC for Type 9 regulated activity (asset management) in accordance with Part V of the SFO that satisfies the requirements in Chapter 5 of the UT Code on an ongoing basis.

  • Following FCA recognition of a Hong Kong Covered Fund under s272 of FSMA, if a recognised Hong Kong Covered Fund ceases to meet the requirements as set out in this circular, its Hong Kong Covered Management Company must notify the FCA immediately.

  • Operational and ongoing requirements A summary of the ongoing regulatory rules and requirements applicable to a Hong Kong Covered Fund and its Hong Kong Covered Management Company are set out in this circular.

  • The Hong Kong Covered Management Company will notify the FCA once the breach has been rectified.

  • The SFC will issue a separate circular which sets out additional requirements with which a Thai Covered Fund and/or a Thai Covered Management Company must comply when applying for SFC authorisation pursuant to Section 104 of the Securities and Futures Ordinance (SFO) for offering units of a Thai Covered Fund to the public in Hong Kong, as well as other requirements which a Thai Covered Management Company and a Thai Covered Fund must observe after obtaining SFC authorisation.

  • The Hong Kong Covered Entity shall ensure and procure its distributors to ensure that Thai investors are able to bring actions concerning the Hong Kong Covered Fund and the Hong Kong Covered Management Company in the courts of Thailand.

  • Both the Hong Kong Covered Fund and its Hong Kong Covered Management Company must be subject to ongoing regulation and supervision by the SFC.

Related to Covered Management Company

  • UCITS management company means a management company as defined in Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)1;

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Appraisal management company means a person or entity that (i) administers a network of

  • Load Management means a Demand Resource (“DR”) as defined in the Reliability Assurance Agreement.

  • Client company means any person that enters into an agreement for professional employer services

  • Approved Manager means, in relation to each Ship, Allseas Marine S.A., a corporation organised and existing under the laws of the Republic of Liberia, having its registered office at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx and maintaining a ship management office at 00, Xxxxxxxxx Xxxxxx, 000 00 Xxxxx, Xxxxxx or any other company which the Agent may, with the authorisation of the Majority Lenders, approve from time to time as the technical and/or commercial manager of a Ship;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Fund Management means the persons responsible for the portfolio and/or risk management of the Fund.

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Qualified Manager means in the reasonable judgment of Lender, a reputable and experienced management organization (which may be an Affiliate of Borrower) possessing experience in managing properties similar in size, scope, use and value as the Property, provided, that Borrower shall have obtained (i) prior written confirmation from the applicable Rating Agencies that management of the Property by such Person will not cause a downgrade, withdrawal or qualification of the then current ratings of the Securities or any class thereof and (ii) if such Person is an Affiliate of Borrower, an Additional Insolvency Opinion.

  • Security Management Plan means the Supplier's security management plan prepared pursuant to paragraph 3 of schedule 2 an outline of which is set out in paragraph 2.7 of the Order Form as updated from time to time;

  • Environmental Management Framework or “EMF” means the policy framework for environmental management, approved by the Project Implementing Entity’s Board of Directors on July 21, 2009, which sets forth the environmental policies and procedures that shall apply to the carrying out of the Project.

  • Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Fund Manager means the manager appointed for the day-to-day management and administration of the scheme.

  • Manager has the meaning set forth in 2.1.

  • Designated Manager means manager designated by your business unit or department to supervise your personal trading and investing activities.