Financial firm definition

Financial firm means any firm falling within ESMA’s remit, including (i) alternative investment fund managers of 'AIFMs' as defined in Article 4(1)(b) of the AIFMD and depositaries as referred to in Article 21(3) of AIFMD (‘depositaries of alternative investment funds (AIFs)’); (ii) management companies as defined in Article 2(1)(b) of the UCITS Directive (“UCITS management companies”) and depositaries as defined in Article 2(1)(a) of UCITS Directive (“depositaries of UCITS”); (iii) central counterparties (CCPs) as defined in Article 2(1) of EMIR and Tier 2 third-country CCPs within the meaning of Article 25(2a) of EMIR which comply with the relevant EMIR requirements pursuant to Article 25(2b)(a) of EMIR; (iv) trade repositories as defined in Article 2(2) of EMIR and in Article 3(1) of SFTR; (v) investment firms as defined in Article 4(1)(1) of MiFID II and credit institutions as defined in Article 4(1)(27) of MiFID II, which carry out investment services and activities within the meaning of Article 4(1)(2) of MiFID II; (vi) data reporting services providers as defined in Article 4(1)(63) of MiFID II; (vii) market operators of trading venues within the meaning of Article 4(1)(24) of MiFID II; (viii) central securities depositories (CSDs) as defined in Article 2(1)(1) of CSDR; (ix) credit rating agencies as defined in Article 3(1)(b) of the CRA Regulation; (x) securitisation repositories as defined in Article 2(23) of SECR; or (xi) administrators of critical benchmarks as defined in Article 3(1)(25) of the Benchmarks Regulation.
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Financial firm means a registered investment advisory firm, also sometimes referred to as a wealth management firm, we approve to hold an Account in relation to a Contract.
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Financial firm means any firm or fund that makes venture capital or other investments, or that engages in investment banking, the mutual fund business, or the securities business;
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Examples of Financial firm in a sentence

  • Financial firm managers seemed to be unheeding of the risks to financial stability.

  • It will be no small task to follow in the steps of our former Rear Commodore Xx Xxxxxxx with all his hard work and dedication he gave to the Club in this position.

  • Financial firm employees who need to recognise warning signs and respond appropriately in accordance with good industry practice.

  • Financial firm just like other organizations engage in Corporate Social Entrepreneurship (CSE) to a large extent toensure they achieve a sustained growth in order to enhance their market share.

  • Those critical services are defined by the key stakeholders within critical business units.• Financial firm incident response processes have been built leveraging best practices identified in the MITRE Attack framework, The NIST Framework for Improving Critical Infrastructure Cybersecurity and SP 800- 53 for establishing Security Controls, COBIT, ISO 2702, ISO/IEC 27001, SOC2, GDPR, and other internationally recognized standards.

  • Financial firm employees may be in the best, and sometimes the only, position to recognise financial elder abuse as it occurs.

  • Financial firm Incident Response process are also tied into the overall Enterprise Incident Management process that leverages cross divisional coordination and communication practices to ensure rapid response to incidents.

  • In [29], the authors proposed a secure and privacy-preserving eHealth using Architecture for the Notification of Traffic Incidents and Congestion (NOTICE) called WEHealth.

  • Financial firm business teams are key partners in these efforts by helping to assess impact, recovery, and communication efforts to key stakeholders• Cyber incident response and recovery activities are structured on the basis of the seven components indicated in the FSB Toolkit.

  • Thus, by definition, the unsecured creditor claims are more likely to involve losses to related firms than collateralized debt.H1: Financial firm bankruptcies cause other financial firms that are creditors to file for bankruptcy, leading to a cascade of failures.Creditors may be affected through an increase in the probability of default without actually being forced into bankruptcy.


More Definitions of Financial firm

Financial firm means hedge funds, mutual funds, and certain types of brokerage or invest-
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Related to Financial firm

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • financial expert means an individual, company or firm who is authorised to give investment advice under the Financial Services and Markets Act 2000;

  • Financial exigency means a condition that requires the bona fide discontinuance or reduction in size of an administrative unit, project, program or curriculum due to the lack of funds available and sufficient to meet current or projected expenditures.

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant of nationally recognized standing that is, in the good faith judgment of the Borrower, qualified to perform the task for which it has been engaged and that is independent of the Borrower and its Affiliates.

  • Independent Accounting Firm has the meaning set forth in Section 2.05(c).

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Company at its own expense.

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Financial Bid means that part of the offer, that provides price schedule, total project costs etc.

  • Financial Instrument” shall mean the Financial Instruments under the Company’s CIF license which can be found in the document “Company Information” on the Website. It is understood that the Company does not necessarily offer all the Financial Instruments which appear on its CIF license but only those marketed on its Website from time to time.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Accounting Firm has the meaning set forth in Section 2.3(c).

  • investment firm means any legal person whose regular occupation or business is the provision of one or more investment services to third parties and/or the performance of one or more investment activities on a professional basis;

  • Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

  • financial holding company means a financial institution, the subsidiary undertakings of which are either exclusively or mainly credit institutions or financial institutions, at least one of such subsidiary undertakings being a credit institution, and which is not a mixed financial holding company within the meaning of Article 2(15) of Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (1);

  • Annual Financial Information means annual financial information as such term is used in paragraph (b)(5)(i) of the Rule and specified in Section 3(a) of this Disclosure Agreement.

  • Australian Accounting Standards means the accounting standards made by the Australian Accounting Standards Board in accordance with section 227 of the Australian Securities and Investments Commission Act 2001 (Cth).

  • Financial Adviser means any: