Fiduciary business definition

Fiduciary business means estate and trust administration, conservatorship, agency, escrow, and custodian business and any other fiduciary business.

Examples of Fiduciary business in a sentence

  • The gain resulting from the sale of the Institutional Trust and Independent Fiduciary business of ETC in the fourth quarter of 2017 is excluded from the Adjusted presentation.

  • Expenses during 2017 related to a charge for the impairment of goodwill in the Institutional Asset Management reporting unit and a charge for the impairment of our investment in G5 in the second quarter and the sale of the Institutional Trust and Independent Fiduciary business of ETC during the fourth quarter.

  • We are well positioned to capitalise on this continuing trend, and together with our Fiduciary business offering and close alignment to LGR’s PRT business, we are able to offer tailored solutions to UK DB schemes at all stages of their funding journey.Our global Index business saw net outflows of £4.4bn (H1 2019: £34.5bn).LGIM Active Strategies (formerly Global Fixed Income and Active Equities) delivered external net flows of £0.5bn (H1 2019:£0.9bn).

  • This includes the sale of the Institutional Trust and Independent Fiduciary business of ETC that occurred on October 18, 2017.

  • The gain resulting from the sale of the Institutional Trust and Independent Fiduciary business of ETC in the fourth quarter of 2017.

  • Fiduciary business means the fideicomisso or some transaction similar to the trust.Anti-avoidance rules the provision adds an element not known in Brazilian law, which is not sufficient to characterize a rule as anti-sham, since the simulation is defined in the civil law.

  • Although the statistical data is no proof of facilitating tax evasion, the complexity of structures and indeed the evidence leaked in the Panama Papers show that the creation of such structures largely relies on the knowledge and skills of intermediaries.In its issue for 2010, the annual publication Banks in Switzerland by the Swiss National Bank encompasses some very detailed geographical and/or client breakdowns in 'Table 38 Fiduciary business, by country'.

  • Fiduciary investments Fiduciary business covers investments which the SNB makes in its own name but on the basis of a written contract exclusively for the account of and at the risk of the counterparty (mainly the Confederation).

  • WHO child growth standards: length/height-for-age, weight-for-age, weight- for-length, weight-for-height and body mass index-for-age: methods and development.

  • Fiduciary business means the fideicomisso or some transaction similar to the trust.

Related to Fiduciary business

  • Fiduciary has the meaning set forth in ERISA Sec. 3(21).

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.

  • Established business relationship means a relationship between a seller and a consumer based on:

  • Business Activities shall be deemed to include any activities which are included in the Company's Business now or during the effective period of this Agreement.

  • Competitive Business Activity means:

  • Supervised Persons for purposes of this Code means:

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Wellness activity means an explicit program of an activity

  • Separate Business means each of the activities of the Licensee connected

  • material relationship means one actually known of a personal, familial or business nature between the Broker and affiliated licensees and a client which would impair their ability to exercise fair judgment relative to another client.

  • Economic activities shall in principle include activities of an industrial, commercial and professional character and activities of craftsmen;

  • Parent-subsidiary relationship means a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.

  • Unitary business means one or more related business organizations engaged in business activity both within and outside the State among which there exists a unity of ownership, operation, and use; or an interdependence in their functions.

  • Substantial governmental relationship means the extent of a governmental relationship necessary under Ohio law to make an added guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from a clear commonality of interest in the event of an UST release such as conterminous boundaries, overlapping constituencies, common groundwater aquifer, or other relationship other than monetary compensation that provides a motivation for the guarantor to provide a guarantee.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Authorized business means 1 of the following:

  • Supervised Person means directors, officers and partners of an Adviser (or other persons occupying a similar status or performing similar functions), employees of an Adviser, and any other person who provides advice on behalf of an Adviser and is subject to the Adviser’s supervision and control.

  • Corrupt activities means any corrupt activities as contemplated in the Prevention and Combating of Corrupt Activities Act 2004 (Act no. 12 of 2004)

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Personal relationship means an ongoing romantic or intimate personal relationship that can include, but is not limited to, dating, living together or being a partner or significant other. This definition applies regardless of gender, gender identification, or sexual orientation of the individuals in the relationship. This restriction does not extend to friends, acquaintances or former colleagues who are not otherwise encompassed in the scope of “personal relationships.”

  • Businesses means, at any time, a collective reference to the businesses operated by the Borrower and its Subsidiaries at such time.

  • Service activities means activities in connection with the provision of personal, continuing services to shareholder accounts in the Shares; provided, however, that if the National Association of Securities Dealers, Inc. (“NASD”) adopts a definition of “service fee” for purposes of Section 2830(b)(9) of the NASD Conduct Rules or any successor provision that differs from the definition of “service activities” hereunder, or if the NASD adopts a related interpretive position intended to define the same concept, the definition of “service activities” in this paragraph shall be automatically amended, without further action of the parties, to conform to the then effective NASD definition. Overhead and other expenses related to “distribution activities” or “service activities,” including telephone and other communications expenses, may be included in the information regarding amounts expended for these activities.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.

  • Business has the meaning set forth in the Recitals.