Financial Services Laws definition

Financial Services Laws means, with respect to the Merger Partner Business and the members of the Merger Partner Group, all applicable Laws dealing with, among other things, anti- money laundering and sanctions, Money Services Laws, automated teller machine operations, credit reporting, debt collection, consumer financial services and related privacy regulations, funds dispensed operations, network and card association regulations and similar international financial services regulations, including all Laws described in Item 1 of Merger Partner’s Report on Form 10-K for the year ended December 31, 2022 under the subheading “Financial Services Regulation”
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Financial Services Laws means all Laws, by-laws, orders, instruments, directives, decisions, injunctions, and judgments of any government or international, supranational, executive, administrative, judicial, or regulatory authority or agency relating to (a) the prevention of money laundering or terrorist financing; (b) money remittance or transmission, electronic money, prepaid access, or stored value; and (c) virtual currency. For purposes of this definition “virtual currency” means any type of unit that is used as a medium of exchange or a form of digitally stored value.
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Financial Services Laws means (i) Money Transmission Laws, (ii) Laws pertaining to the escheatment of unclaimed property, (iii) Laws pertaining to the cashing of checks and other payment instruments, including those requiring licensure or other authorization of regulated entities, and (iv) the Electronic Funds Transfer Act of 1978 (15 U.S.C. § 1693 et seq.) and Regulation E (12 C.F.R. Part 1005) promulgated thereunder, each as may be amended from time to time.
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Examples of Financial Services Laws in a sentence

  • The following material was used in the development of the questions for the Regulatory exams; please refer to Appendix A for a mapping of criteria to relevant material:✓ The FAIS Act as amended by the Financial Services Laws General Amendment Act 45 of 2013✓ General Code of Conduct✓ FIC Act (FICA)✓ Board notices Due to changes in legislation, familiar terms have been replaced.

  • The Financial Services Laws General Amendment Act, 2013 (Act No. 45 of 2013) makes the employer’s failure to pay contributions to a retirement fund a criminal offence.

  • Amendment of section 62 of Act 52 of 1998, as amended by section 102 of Financial Services Laws General Amendment Act, 2013 15.

  • Amendment of section 19 of Act 52 of 1998, as amended by section 6 of Act 27 of 2008 and section 80 of Financial Services Laws General Amendment Act, 2013 10.

  • The Financial Services Laws General Amendment Act No. 45 of 2013 (the “FSLGAA”) repeals certain definitions and amends particular sections in the STIA and LTIA.

  • The amendment to the definition of a “business of a medical scheme” The publication of the Second Draft Demarcation Regulations follows the enactment of the Financial Services Laws General Amendment Act, No. 45 of 2013 (“the Act”).

  • Three: this paper will argue that the law espoused in Orion Money Purchase is in the light of the Financial Services Laws General Amendment Act12 no longer good law, and that the office of the PFA should recognise this and stop relying on Orion Money Purchase when carving out an appropriate relief in instances where employers have defaulted in making fund contributions.

  • The Borrowers shall, and shall cause each Subsidiary to, comply (a) with Anti-Corruption Laws and applicable Sanctions and (b) in all material respects with all other Laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subject including, without limitation, all Environmental Laws and Financial Services Laws.

  • However, lack of oversight led to mismanagement and misappropriation of funds.In order to remedy these problems, legislative changes were made so that regulation of minor beneficiary funds partially shifted to beneficiary funds subject to supervision by the Financial Services Board (see Financial Services Laws General Amendment Act, 2008 (Act No. 22 of 2008).

  • The Company shall adopt and implement policies and procedures designed in accordance with generally accepted industry standards to ensure that the Company and its business shall at all times comply in all material respects with all applicable Financial Services Laws and Rules in all jurisdictions in which the Company and its subsidiaries do business.


More Definitions of Financial Services Laws

Financial Services Laws means applicable (a) Money Transmission Laws, (b) laws pertaining to the escheatment of unclaimed property, (c) laws pertaining to the cashing of checks and other payment instruments, including those requiring licensure or other authorization of regulated entities, (d) The Payment Card Industry Data Security Standard (as administrated and managed by The Payment Card Industry Data Security Standard Council—xxx.xxxxxxxxxxxxxxxxxxxx.xxx), and (e) the Electronic Funds Transfer Act of 1978 (15 U.S.C. § 1693 et seq.) and Regulation E (12 C.F.R. Part 1005) promulgated thereunder, each as may be amended from time to time.
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Financial Services Laws means all Laws, by-laws, orders, instruments, directives, decisions, injunctions, and judgments of any government or international, supranational, executive, administrative, judicial, or regulatory authority
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Financial Services Laws means, with respect to the Merger Partner Business and the members of the Merger Partner Group, all applicable Laws dealing with, among other things, anti- money laundering and sanctions, Money Services Laws, automated teller machine operations, credit reporting, debt collection, consumer financial services and related privacy regulations, funds dispensed operations, network and card association regulations and similar international financial services regulations, including all Laws described in Item 1 of Merger Partner’s Report on Form 10-K for the year ended December 31, 2023 under the subheading “Financial Services Regulation” “Fraud” means, with respect to a Party, common law fraud of a representation or warranty in the Merger Agreement or any of the other Transaction Documents executed as of the date hereof and any certificate delivered pursuant to Section 7.6, Section 8.6 or Section 9.6 of the Merger Agreement involving an actual and intentional misrepresentation made by such Party with actual knowledge of its falsity and made for the purpose of inducing the other Parties to act, and upon which the other Parties justifiably relies with resulting Losses. Fraud shall not include any claim for equitable fraud, constructive fraud, promissory fraud, unfair dealings fraud, fraud by reckless or negligent misrepresentation or any tort based on negligence or recklessness. “GAAP” means the accounting principles and practices generally accepted in the United States in effect at the date of determination or the date of the financial statement to which it refers, as the case may be, consistent with historical practices as applied in the preparation of the financial statements of Xxxxxx Partner, in the case of Xxxxxx Partner, or, with respect to the Spinco Business Financial Statements, consistent with historical practices as applied in the preparation of the financial statements of Remainco, in the case of Spinco. “Gaming Approvals” means the licenses, findings of suitability, approvals, consents, registrations, declarations, notices or filings required to be made or obtained under any Gaming Laws. “Gaming Authority” means any Governmental Authority with regulatory control and authority or jurisdiction over the manufacture, sale, lease, distribution or operation of gaming, gambling or betting devices or equipment, the design, ownership, operation or distribution of internet, online, interactive or mobile gaming, gambling or betting services or products, the owner...
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Financial Services Laws means (i) Money Transmission Laws, (ii) laws pertaining to the escheatment of unclaimed property, (iii) laws pertaining to the cashing of checks and other payment instruments, including those requiring licensure or other authorization of regulated entities, (iv) The Payment Card Industry Data Security Standard, and (v) the Electronic Funds Transfer Act of 1978 (15 U.S.C. § 1693 et seq.) and Regulation E (12 C.F.R. Part 1005) promulgated thereunder, each as may be amended from time to time.
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Financial Services Laws means applicable (a) Money Transmission Laws, (b) laws pertaining to the escheatment of unclaimed property,
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Financial Services Laws means any Laws governing, regulating or otherwise relating to consumer protection and financial services, including the Federal Trade Commission Act, the Fair Credit Reporting Act, the Gramm Xxxxx Xxxxxx Act, the Equal Credit Opportunity Act, the Real Estate Settlement Procedures Act, the Truth in Lending Act, the Secure and Fair Enforcement for Mortgage Licensing Act, the Xxxx‑Xxxxx Xxxx Street Reform and, solely for purposes of this Agreement, the Consumer Protection Act, the Telephone Consumer Protection Act, and the CAN‑SPAM Act.
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Related to Financial Services Laws

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • financial service provider means a person engaged in the business of providing financial services in terms of authorisation issued or registration granted by a financial sector regulator;

  • financial service means any service of a banking, credit, insurance, personal pension, investment or payment nature;

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.

  • COVERED HEALTHCARE SERVICES means any service, treatment, procedure, facility, equipment, drug, device, or supply that we have reviewed and determined is eligible for reimbursement under this plan.

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • Primary care services means the services in respect of which NHS England has a duty or power to make arrangements pursuant to the Primary Care Functions;

  • Foster care services means the provision of a full range of casework, treatment and community

  • Regulatory Services Provider means the organization which provides regulatory services to BSEF pursuant to a Regulatory Services Agreement.

  • Home health care services means medical and nonmedical services, provided to ill, disabled or infirm persons in their residences. Such services may include homemaker services, assistance with activities of daily living and respite care services.

  • Home and community-based services or "HCBS" means Home and Community-Based Services as defined in OAR chapter 411, division 004.

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • bulk services means all the primary water, sewerage, waste disposal, sewage treatment facilities and means of disposal of effluent and other products of treatment, electricity and storm-water services, as well as the road network in the system to which the internal services are to be linked by means of link services;

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Community services means any type of counseling and advice, emergency assistance, medical care,

  • Health care services means services for the diagnosis, prevention, treatment, cure, or relief of a health condition, illness, injury, or disease.

  • Child care services means the range of activities and programs provided by a certificate holder to an enrolled child, including personal care, supervision, education, guidance, and transportation.

  • Corporate Services Provider means Computershare Trust Company of Canada, a trust company formed under the laws of Canada, as corporate services provider to the Liquidation GP under the Corporate Services Agreement, together with any successor corporate services provider appointed from time to time;

  • Information Services means the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access System; or, such other services providing information with respect to called municipal obligations as the District may specify in writing to the Paying Agent or as the Paying Agent may select.

  • Healthcare services means all inpatient services (i.e., acute-care diagnostic and therapeutic inpatient hospital services), outpatient services (i.e., acute-care diagnostic and therapeutic outpatient services, including but not limited to ambulatory surgery and radiology services), and professional services (i.e., medical services provided by physicians or other licensed medical professionals) to the extent offered by Defendant and within the scope of services covered on an in-network basis pursuant to a contract between Defendant and an Insurer. “Healthcare Services” does not mean management of patient care, such as through population health programs or employee or group wellness programs.

  • Professional corporation means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.

  • Health and Human Services or “HHS” includes HHSC and DSHS.

  • Financial Management Manual means the manual dated June 2009, adopted by the Project Implementing Entity for the purpose of implementing and monitoring the financial management aspects of the Project.

  • Academies Financial Handbook means the document with that title published by the EFA and amended from time to time, on behalf of the Secretary of State.