Financial Law Consolidated Act definition

Financial Law Consolidated Act means Legislative Decree number 58 of 24 February 1998 as amended from time to time.
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Examples of Financial Law Consolidated Act in a sentence

  • Such concept played a pivotal role in the regulation of financial intermediation prior to the implementation of the Investment Services Directive 1993/22/EEC (ISD).The concept of “strumenti finanziari” (i.e., “financial instruments”) has replaced in the language of the legislator the one of “transferable securities” and iscurrently laid down in article 1, paragraph 2, of Legislative Decree No. 58 of 19989, known as the Financial Law Consolidated Act (FLCA), as amended.

  • However, this statutory protection to investors does not apply below the level of the CSD participant’s account holder.42 Account holders that do not hold securities directly through a CSD participant do not have clearly defined rights against their intermediary’s creditors.4337 Co-proprietary rights are not recognised under French law.38 The Financial Law Consolidated Act 1998 and Legislative Decree 213 of 1998.

Related to Financial Law Consolidated Act

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.