Examples of Fit and Proper Policy in a sentence
Fit and Proper Policy means a written policy adopted by the Board relating to the fitness and propriety of directors, senior manages and auditors, complying with any prudential standard or provision of law which is from time to time applicable to the Company.
Fit and Proper Policy means the policy adopted by the Directors in relation to the fitness and propriety of Directors, senior managers and auditors required by APRA Prudential Standard CPS 520 or any other Standard or law applying from time to time.
If has issued a Fit and Proper Policy to supplement the Sampo firoup fiuidelines.
Fit and Proper Policy means a written policy adopted by the Board relating to the fitness and propriety of Directors, senior managers and auditors required by applicable law or Standards applying from time to time.
B.1 General Information on the System of Governance B.2 Fit and Proper Policy B.3 Risk Management System including the Own Risk and Solvency Assessment B.4 Internal Control System B.5 Internal Audit Function B.6 Actuarial Function B.7 Outsourcing B.8 Any Other Information SummaryBusiness and PerformanceSystem of GovernanceRisk ProfileValuation for Solvency PurposesCapital ManagementOther Information B.
Each member of the SLT is assessed in accordance with Genworth’s Fit and Proper Policy before being appointed.
B.2 Fit and proper requirementsThe Fit and Proper Policy of ERGO documents the criteria and procedures to be applied in order to ensure that all persons who effectively run ERGO or are responsible for other key functions within ERGO, at all times meet the “fit and proper” requirements under regulatory laws based on or resulting from the implementation of the Solvency II framework.
The Nominations Committee assists the Board in complying with the Company’s and its Committees’ Fit and Proper Policy.
The fit and proper criteria, which the Management Board members and other individuals are required to meet, are clearly defined in the Fit and Proper Policy for the Management and Supervisory Board Members of Zavarovalnica Triglav d.d., which sets out the fit and proper assessment procedure for Management Board members to be performed before the appointment, periodically, extraordinarily or after the appointment of an individual Management Board member.
The Company complies with the Fitness and Probity requirements of the Central Bank of Ireland, Allianz SE Group Fit and Proper Policy and its own internal Minimum Competency Code Policy and Fitness and Probity Policy which sets out principles, criteria and processes to ensure the fitness and probity of those persons who manage the undertaking or work within key functions.