Final RTS definition

Final RTS means Delegated Regulation (EU) No. 625/2014 of 13 March 2014 supplementing the CRR.
Final RTS. Delegated Regulation (EU) No. 625/2014 of March 13, 2014, supplementing the CRR.
Final RTS means Commission Delegated Regulation (EU) No. 625/2014 supplementing the CRR;

Examples of Final RTS in a sentence

  • On 13 June 2014, the Commission Delegated Regulation (EU) No 625/2014 specifying the Final RTS in relation to Article 404 (“Regulatory Technical Standards”) was published in the Official Journal of the European Union and came into force on 3 July 2014.

  • MFA considers that Article 11 EMIR provides the legislative mandate for ESMA to draft, and for the EC to endorse, Final RTS requiring STP.

  • MFA strongly believes that ESMA has the necessary legal mandate under Article 11(14)(a) of EMIR to include a provision in the Final RTS requiring STP.

  • Accordingly, we respectfully request that the Final RTS provide guidance regarding the provisions that the agreement between a client and its clearing member should include (e.g., access and transaction fees, chosen segregation option and associated costs, portability arrangements and default asset recovery procedures).

  • Second, the Final RTS should oblige a CCP to disclose the identity of the members of its Board, other CCP governing bodies, the risk committee and other significant Board subcommittees.

  • The RTS Certification Date Payment shall be equal to the value of the RTS Certification Date Inventory as reflected on the Final RTS Certification Date Inventory Statement.

  • MFA supports the RTS obliging CCPs to calculate initial margin for each product such that the margin covers the exposure movements of the financial instrument over a specified time period66 and assumes a time horizon for the liquidation of the position.67 MFA recommends, however, that to encourage transparency and ensure the ongoing appropriateness of a CCP’s valuation model, the Final RTS should require CCPs to disclose details of the data and methodology used in the model to clients.

  • As we believe that liquidity fragmentation is unlikely to be a problem, the Final RTS should: (i) grant CCPs access, in the ordinary course of business; (ii) permit trading venues to refuse access to CCPs only in exceptional circumstances; (iii) require trading venues to process access requests within a reasonable time, and subject to commercially reasonable fees; and (iv) expressly require trading venues to grant access on fair, reasonable and non- discriminatory terms.

  • With respect to the frequency of public disclosure, MFA reiterates its recommendation that the Final RTS specifically require trade repositories to establish disclosure timeframes tailored to specific products, where the liquidity of, or volume of trading activity with respect to, the type of OTC derivative contract warrants a more or less frequent disclosure requirement.

  • MFA submits that the Final RTS should provide complete and identical protection to direct and indirect clients to ensure that clients entering into clearing arrangements on a direct basis are not disadvantaged and that the Final RTS do not create market asymmetries between clients and indirect clients where they would otherwise not exist.


More Definitions of Final RTS

Final RTS means the final regulatory technical standards and implementing technical standards on securitisation retention rules published by the EBA pursuant to Articles 408(2) and 408(3) of the CRR.
Final RTS means Delegated Regulation (EU) No. 625/2014 of March 13, 2014, supplementing the CRR.
Final RTS means Delegated Regulation (EU) no. 625/2014 as published in the Official Journal of the European Union on 13 June 2014 supplementing the CRR by way of regulatory technical standards specifying the requirements for investors, sponsors, original lenders and originator institutions relating to exposures to transferred credit risk.

Related to Final RTS

  • Final Receipt means the receipt issued by the Principal Regulator, evidencing that a receipt has been, or has been deemed to be, issued for the Final Prospectus in each of the Qualifying Jurisdictions;

  • Final Map means a final tract map, parcel map, lot line adjustment, or functionally equivalent map or instrument that creates building sites, recorded in the County Office of the Recorder.

  • Final Reference Pricei means the official closing price of the Underlyingi on the Determination Date;

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Final Acceptance means final written acceptance of all the Work by the Commissioner, a copy of which shall be sent to the Contractor.

  • Final Report means the report described as a final report in 14 RCW 42.17.080(2).

  • Final Price means, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

  • Final Recovery Determination With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Responsible Party as contemplated by this Agreement), a determination made by the Servicer that all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other payments or recoveries which the Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. The Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

  • Final Completion Date means the date on which Final Completion occurs.

  • Non-Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Commissioning test means tests applied to a distributed generation facility by the applicant after construction is completed to verify that the facility does not create adverse system impacts and performs to the submitted specifications. At a minimum, the scope of the commissioning tests performed shall include the commissioning test specified in Institute of Electrical and Electronics Engineers, Inc. (IEEE) Standard 1547 Section 5.4 "Commissioning tests".

  • Main Distribution Frame (MDF) means the termination frame for outside facility and inter-exchange office equipment at the CO.

  • Intermediate Distribution Frame (IDF means a second frame that augments an existing Main Distribution Frame. Lines or outside cables that do not terminate on the IDF.

  • Commissioning Tests means all of the procedures and tests which, in accordance with the Reasonable and Prudent Standard, and in compliance with industry guidelines, practices and standards, are:

  • Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • Final Acceptance Date means, in respect of any Offer, the final date for acceptance of such Offer which, if such Offer is extended prior to becoming unconditional, shall be the final date for acceptance of the extended Offer (but, if such Offer is or becomes unconditional, disregarding any additional or further period during which such Offer is open for acceptance);

  • Three-dimensional reference system means a system as described in Appendix 2 to this annex;

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Subproject means a specific project to be carried out by an existing BE utilizing the proceeds of a Sub-loan or Investment, as hereinafter defined, fulfilling the conditions set forth in Part A of Schedule 4 to this Agreement;

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.

  • Clinical evaluation means a systematic and planned process to continuously generate, collect, analyse and assess the clinical data pertaining to a device in order to verify the safety and performance, including clinical benefits, of the device when used as intended by the manufacturer;

  • Main Distribution Frame (MDF) is termination frame for outside facility and inter-exchange office equipment at the central office for DS-0 and DSL services.

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.