NIPs Code definition

NIPs Code means the Non-Investment Products Code, as published by the Bank of England from time to time, and any codes of practice or regulations which may replace or supersede it;
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NIPs Code means the Non-Investment Products Code for principals and broking firms in the wholesale markets, a voluntary code covering wholesale bullion, wholesale deposits and the foreign exchange market in the UK. The NIPS code is prepared by market practitioners co-ordinated by the Foreign Exchange Joint Standing Committee, the Sterling Money Markets Liaison Group and the Management Committee of the LBMA and is intended as guidance on what is currently believed to be good market practice
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NIPs Code means the Non-Investment Products Code, for Principals and Broking firms in the Wholesale Markets, as in force from time to time over the Relevant Period;
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Examples of NIPs Code in a sentence

  • The NIPs Code, which is market guidance, has no statutory underpinning; and there are no arrangements for supervision or enforcement.

  • CIPFA commends the NIPs Code to its members as good practice to which they should adhere.

  • OTC market activity is also itself subject to extensive codes of conduct set by regulators such as the NIPs Code in the UK, the multiple rules that have been created since MiFID, and international codes of best practice such as those produced by the Financial Markets Association (“ACI”).

  • In April 2009 the Bank of England introduced a revised NIPs Code that has been drawn up by market practitioners representing principals and brokers in the foreign exchange, money and bullion markets to underpin the professionalism and high standards of these markets.


More Definitions of NIPs Code

NIPs Code means the Non-Investment Products Code for principals and broking firms in the wholesale markets, a voluntary code covering wholesale bullion, wholesale deposits and the foreign exchange market in the UK. The NIPS code is prepared by market
Sample 1
NIPs Code means the Non-Investment Products Code for principals and broking
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Related to NIPs Code

  • Erasmus Code A unique identifier that every higher education institution that has been awarded with the Erasmus Charter for Higher Education receives. It is only applicable to higher education institutions located in Programme Countries. 5 Country code: ISO 3166-2 country codes available at: xxxxx://xxx.xxx.xxx/obp/ui/#search. 6 Any Programme Country enterprise or, more generally, any public or private organisation active in the labour market or in the fields of education, training and youth (training of staff members from Programme Country HEIs in Partner Country non-academic partners is not eligible).

  • JORC Code means the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia, as amended;

  • Access Code means the Railways (Access) Code 2000;

  • STCW Code means the Seafarers’ Training, Certification and Watchkeeping Code as adopted by resolution 2 of the 1995 Conference of Parties to the STCW Convention, in its up-to-date version;

  • IBC Code means Insolvency and Bankruptcy Code, 2016 as amended from time to time;

  • IRS Code means the Internal Revenue Code of 1986, as amended from time to time or any successor statute.

  • Access Codes means the username and password given by the Company to the Client for accessing the Company’s website.

  • ISPS Code means the International Ship and Port Facility Security Code as adopted by the International Maritime Organisation, as the same may be amended or supplemented from time to time;

  • SIC code as used in this chapter means the Standard Industrial Classification Code contained in the latest edition of the Standard Industrial Classification Manual published by the Federal Office of Management and Budget;

  • IMDG Code means the International Maritime Dangerous Goods Code, for the implementation of Chapter VII, Part A, of the International Convention for the Safety of Life at Sea, 1974 (SOLAS Convention), published by the International Maritime Organization (IMO), London;

  • U.S. Code means the U.S. Internal Revenue Code of 1986, as amended.

  • Takeovers Code means the Hong Kong Code on Takeovers and Mergers;

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • FMC Act means the Financial Markets Conduct Act 2013.

  • IT Act means the Income Tax Act, 1961;

  • the 1992 Act means the Local Government Finance Act 1992;

  • the 1996 Act means the Education Act 1996;

  • Uniform Network Code means the uniform network code as defined in Standard Special Condition A11(6) of National Grid’s transporters licence, as such code may be amended from time to time in accordance with the terms thereof.

  • Grid Code / “IEGC” or “State Grid Code” shall mean the Grid Code specified by the Central Commission under clause (h) of sub-section (1) of Section 79 of the Electricity Act and/or the State Grid Code as specified by the concerned State Commission referred under clause (h) of sub-section (1) of Section 86 of the Electricity Act, as applicable;

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

  • TBS Access Code means any code or number as may be prescribed by the Bank to enable the Account Holder to operate any Telephone Banking Service and includes but is not limited to such access codes known as the Customer Identification Number (“CIN”) and/or the Telephone Personal Identification Number (“T-PIN”) (as the case may be).

  • Network Code means the network code prepared by National Grid pursuant to its gas transporters licence, as such code may be amended from time to time in accordance with the terms thereof and which incorporates the Uniform Network Code;

  • Act of 1992 means the Environmental Protection Agency Act 1992 (No. 7 of 1992);

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • Federal Regulations means those federal regulations relating to cable television services, 47 C.F.R. Section 76.1 et seq. (and, to the extent applicable, any other federal rules and regulations relating to cable television, including but not limited to, those described in 47 C.F.R. Section 76.3), or as such regulations may be amended.

  • the 1993 Act means the Pension Schemes Act 1993; “the 1995 Act” means the Pensions Act 1995;