Level 2 Group definition

Level 2 Group means CBA and each Subsidiary that is recognized by APRA as part of CBA’s Level 2 group in accordance with APRA’s prudential standards (as amended from time to time);
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Level 2 Group means the entities that comprise:
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Level 2 Group means the Level 2 group for APRA purposes, which currently consists of NPBS and Newcastle Permanent Funding Trust No. 1.
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Examples of Level 2 Group in a sentence

  • The adjustments remove the assets, liabilities and equity balances of Level 3 entities deconsolidated for regulatory purposes, and reinstates any intragroup assets and liabilities, treating them as external to the Level 2 Group.

  • ANZ gives no assurance as to what its Common Equity Capital Ratio for the ANZ Level 1 Group or ANZ Level 2 Group will be at any time as it may be significantly impacted by unexpected events affecting its business, operations and financial condition.

  • The Level 2 Group has no credit risk exposures subject to the Foundation IRB approach.

  • This is the ANZ Level 2 Group; andLevel 3 – the conglomerate group at its widest level.

  • The Level 2 Group may or may not retain an exposure to securitisation SPVs to which the Level 2 Group has sold assets.

  • The summarised consolidated capital adequacy ratios of the ANZ Level 2 Group as at 30 June 2016 are derived from ANZ’s Pillar III disclosure released on 9 August 2016 (which are not subject to KPMG’s audit or review processes).The reduction in the Common Equity Capital Ratio over the period from 31 March 2016 includes a provision for the payment of the 2016 interim dividend on 1 July 2016.

  • This is the ANZ Level 2 Group; and• Level 3 – the conglomerate group at its widest level (although minimum capital requirements at this level are not expected to be implemented before 2019).ANZ must also comply with a common framework issued by the Basel Committee for the calculation of capital adequacy for banks worldwide (the Basel Framework).

  • The choice of Redemption as the Exchange Method, is subject to the condition that the Notes that are the subject of the Exchange, are replaced concurrently or beforehand with Tier 1 Capital of the same or better quality and the replacement of the Notes is done under conditions that are sustainable for ANZ’s income capacity, or that APRA is satisfied that the capital position of the ANZ Level 1 Group and ANZ Level 2 Group is well above its minimum capital requirements after ANZ elects to Redeem Notes.

  • The summarised consolidated capital adequacy ratios of the ANZ Level 2 Group as at 31 March 2016 are extracted from the financial statements for the half-year ended 31 March 2016 (which are not subject to KPMG’s audit or review processes).

  • The Level 2 Group represents the consolidation of the NAB Group and all of its subsidiary entities, other than non-consolidated subsidiaries as outlined in Section 2 Scope of Application of this report.


More Definitions of Level 2 Group

Level 2 Group is means the entities that comprise:
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Level 2 Group means the Company and each subsidiary that is recognized by APRA as part of the Company’s Level 2 Group in accordance with the Prudential Standards.
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Related to Level 2 Group

  • Level 4 means a project of greater than 550 kWac and not more than 1 MWac.

  • Level 2 means a charging system that provides charging through a two-hundred- eight to two-hundred-forty volt AC plug with a cord connector that meets the SAE international J1772 standard or a successor standard.

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Level 1 means a charging system that provides charging through a one-hundred- twenty volt AC plug with a cord connector that meets the SAE international J1772 standard or a successor standard.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Group Grievance is defined as a single grievance, signed by a Xxxxxxx or a Union Representative on behalf of a group of employee who have the same complaint. Such grievances must be dealt with at successive stages of the Grievance Procedure commencing with Step 1. The grievors shall be listed on the grievance form.

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • Level has the meaning given that term in the definition of the term “Applicable Margin.”

  • Broadband level means all positions sufficiently similar in knowledge, skills, and abilities, and sufficiently similar as to kind or subject matter of work, level of difficulty or responsibilities, and qualification requirements of the work, to warrant the same treatment as to title, pay band, and other personnel transactions.