Examples of EU competent authority in a sentence
For example:• a rate or index which is a "benchmark" within the meaning of the EU Benchmarks Regulation may not be used in certain ways by an EU supervised entity if (subject to applicable transitional provisions) its administrator does not obtain authorisation or registration from any EU competent authority (or, if a non-EU entity, does not satisfy the "equivalence" conditionsand is not "recognised" pending an equivalence decision).
For example:• a rate or index which is a "benchmark" within the meaning of the EU Benchmarks Regulation may not be used in certain ways by an EU supervised entity if (subject to applicable transitional provisions) its administrator does not obtain authorisation or registration from any EU competent authority (or, if a non-EU entity, doesnot satisfy the "equivalence" conditions and is not "recognised" pending an equivalence decision).
This integration will allow an automated check of the authorisation for the export of dual-use items once an exporter indicates that the dual-use goods being exported are covered by an export authorisation issued by an EU competent authority.
Joint inspections: Specific circumstances, including limited resources or expertise, could lead a Member State to consider requesting another EU competent authority to carry out joint inspections on its territory in collaboration with officials from the requesting Member State.
EU importers apply for the necessary import authorization to the an EU competent authority.
The Regulation establishes that on-site inspections should be performed directly by the EU competent authority or by the non-EU competent authority with the assistance of the EU competent authority.
In accordance with the Regulation, the cooperation arrangements should include an specific clause allow- ing for the transfer of information received by an EU competent authority from a supervisory authority in a third country to other EU competent authorities, to ESMA or to the ESRB in order to discharge their duties under the AIFMD.
Key factors to consider will be authorisation of firms and meeting EU competent authority requirements.
Additionally, to the fullest extent provided by law, any Officer or Director (past and present) of the Association shall be considered a “qualified director” pursuant to West Virginia Code § 55-7C-2.
For example: • a rate or index which is a "benchmark" within the meaning of the EU Benchmarks Regulation may not be used in certain ways by an EU supervised entity if (subject to applicable transitional provisions) its administrator does not obtain authorisation or registration from any EU competent authority (or, if a non-EU entity, does not satisfy the "equivalence" conditions and is not "recognised" pending an equivalence decision).