Innovation Function definition

Innovation Function means the dedicated function established by an Authority to support innovation in financial services in their respective markets;
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Innovation Function means the dedicated function established in both Authorities to act as the centralized contact point for Innovator Businesses;
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Innovation Function means the dedicated function established in the Authorities to promote innovation in financial services in their respective markets, and for the Canadian Authorities, includes the functions a Canadian Authority has established to support the CSA Regulatory Sandbox
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Examples of Innovation Function in a sentence

  • The Authorities acknowledge that review may be required if there is a material change to the support offered by a Receiving Authority's Innovation Function to Innovator Businesses referred by a Referring Authority pursuant to paragraph 5.1 or to the Criteria for Support.

  • The Authorities acknowledge that review may be required if there is a material change to the support offered by a Receiving Authority's Innovation Function to an Innovator Business referred by a Referring Authority pursuant to paragraph 5.1; or the Authority’s Criteria for Support.

  • The Authorities acknowledge that review may be required if there is a material change to the support offered by a Receiving Authority's Innovation Function to an Innovator Business referred by a Referring Authority pursuant to paragraph 5.1 or the Authority’s Criteria for Support.

  • The Authorities acknowledge that review may be required if there is a material change to the support offered by a Receiving Authority's Innovation Function to an Innovator Business referred by a Referring Authority pursuant to paragraph section 5.1. or the Authority’s Criteria for Support.

  • The Referring Authority acknowledges that an Innovator Business that receives support from the Receiving Authority’s Innovation Function may or may not ultimately meet the requirements for Authorization and that, in providing assistance through the Innovation Function, the Receiving Authority is not expressing an opinion about whether an Innovator Business ultimately will meet the requirements for such Authorization.

  • Following a referral, the Receiving Authority’s Innovation Function should offer support to the Innovator Business in accordance with Paragraph 19 above.

  • The Authorities acknowledge that review may be required if there is a material change to the support offered by a Receiving Authority's Innovation Function to Innovator Businesses referred by a Referring Authority pursuant to paragraph 5.1 or to the Authority’s Criteria for Support.

  • Following referral, the Receiving Authority's Innovation Function should offer support to the Innovator Business in accordance with paragraph 2.4 above.

  • The Referring Authority acknowledges that an Innovator Business benefiting from the Receiving Authority’s Innovation Function's assistance during the pre-authorisation phase may or may not meet the requirements for authorisation, and that in providing assistance through the Innovation Function, the Receiving Authority is not expressing an opinion about whether an Innovator Business will ultimately meet the requirements for authorisation in its jurisdiction.

  • A Receiving Authority should use information about a referred Innovator Business only for the purpose of providing support to the referred Innovator Business through the Receiving Authority's Innovation Function and ensuring compliance with the law of the Receiving Authority's jurisdiction, unless the Referring Authority consents to other uses.


More Definitions of Innovation Function

Innovation Function means the dedicated function established in the Authorities to promote innovation in financial services in their respective markets;
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Innovation Function means the dedicated function established in each authority to support innovation in financial services in their respective markets. “Laws and Regulations” means any laws, regulation or regulatory requirement applicable in the jurisdiction of an Authority. Xxxxxxxxxxxxx 00 3003 Bern Tel. +00 (0)00 000 00 00 Fax +00 (0)00 000 00 00 xxx.xxxxx.xx "Receiving Authority" means the Authority that is receiving a Financial Services Innovator business referral or information relating to that referral.
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Related to Innovation Function

  • School function means any school-sponsored extra-curricular event or activity.

  • Essential job functions means the fundamental job duties of the employment position an individual holds. A job function may be considered essential if-

  • Essential functions means the fundamental job duties of the employment position the individual with a disability holds or desires. “Essential functions” does not include the marginal functions of the position.

  • Commercially Useful Function means responsibility for the execution of a distinct element of the work of the contract, which is carried out by actually performing, managing, and supervising the work involved, evidencing the responsibilities and risks of a business owner such as negotiating the terms of (sub)contracts, taking on a financial risk commensurate with the contract or its subcontract, responsibility for acquiring the appropriate lines of credit and/or loans, or fulfilling responsibilities as a joint venture partner as described in the joint venture agreement.

  • Safety-sensitive function means all time from the time a driver begins to work or is required to be in readiness to work until the time he/she is relieved from work and all responsibility for performing work.

  • Nuclear medicine technologist means an individual who holds a current certification with the American Registry of Radiological Technologists or the Nuclear Medicine Technology Certification Board.

  • Hosting Services means the provision, administration, and maintenance of servers and related equipment, the provision of bandwidth at the hosting facility, and the operation of the Application for access by Customer Users to be provided by the relevant hosting service provider.

  • Nonprofessional services means any services not specifically identified as professional services in

  • Form, fit, and function data means technical data that describes the required overall physical, functional, and performance characteristics (along with the qualification requirements, if applicable) of an item, component, or process to the extent necessary to permit identification of physically and functionally interchangeable items.

  • Beta Services means Xxxxxx services or functionality that may be made available to Customer to try at its option at no additional charge which is clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation, or by a similar description.

  • Auditing Services means those services within the scope of the practice of a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

  • Pharmacist services means products, goods, and services, or any combination of products, goods, and services, provided as a part of the practice of pharmacy.

  • Emergency medical services personnel means that term as defined in section 20904 of the public health code, 1978 PA 368, MCL 333.20904.

  • 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.

  • Public Works Director means the director of public works, or his or her designee.

  • High-technology activity means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.