Panel Bank definition

Panel Bank means a bank with a place on the administrator of LIBOR’s panel (the BBA’s panel during the Relevant Period) for contributing LIBOR submissions in one or more currencies;
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Panel Bank means a supervised entity that contributes Input Data to NoRe located within the European Economic Area that meets the criteria for inclusion on the Benchmarks panel as is either:• a credit institution as defined in point 1 of Article 4(1) of Regulation (EU) No 575/2013 of the European Parliament and of the Council;• an investment firm as defined in point (1) of Article 4(1) of Directive 2014/65/EU;• an insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council.
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Panel Bank means a bank with a place on the BBA panel for contributing LIBOR submissions in one or more currencies.
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Examples of Panel Bank in a sentence

  • Internal Audit may conduct such reviews as part of broader audits within the Panel Bank, but should ensure that the reviews are appropriately focused on the detailed submissions activities.The reviews should include random sample testing of at least three days complete submissions processes.

  • Each Panel Bank acknowledges that it bears full responsibility for the particular determination methodologies and data sourcing that it employs in arriving at its Level 3 contributions.

  • The Financial Supervisory Authority of Norway has verified that the NIBOR Panel Bank Code of Conduct complies with the Benchmarks Regulation.

  • This designation should be reflected in the operating procedures adopted by the Panel bank for the handling of such information.Panel Banks should maintain contingency arrangements should information related to quote submissions be exposed to unauthorized parties, either within or outside the Panel Bank, before such information is publically available.

  • More specifically, the following items will be considered in assessing the levels of activity and expertise of a potential Panel Bank in the euro money markets:a.


More Definitions of Panel Bank

Panel Bank means each bank awarded with the reference bank status in accordance with the CNB Notification which submits data for calculation of PRIBOR.
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Panel Bank means a bank with a place on the panel of the administrator of LIBOR (the BBA during the Relevant Period) for contributing LIBOR submissions in one or more currencies;
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Panel Bank means a bank with a place on the administrator of LIBOR’s panel (the BBA’s panel during the Relevant Period) for contributing LIBOR submissions in one or more currencies. Panel Banks 3, 4, 5 and 6 are specifically referred to in this Notice and correspond with Panel Banks 3, 4, 5 and 6 in the RBS Final Notice;
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Panel Bank means a bank with a place on the BBA panel for contributing LIBOR submissions in one or more currencies. Panel Banks 1 to 8 are referred to in this notice. Panel Banks 1, 4 and 5 are as referred to in the UBS Final Notice;
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Panel Bank means a contributing bank, other than RBS, who submitted LIBOR to the BBA in one or more currencies. Six Panel Banks are specifically referred to in this notice, from Panel Bank 1 to 6.
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Panel Bank means a bank other than UBS with a place on the BBA panel for contributing LIBOR submissions in one or more currencies, or a place on the EBF panel for contributing EURIBOR submissions. Five Panel Banks are referred to in this Notice, from Panel Bank 1 to 5.
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Panel Bank means a bank with a place on the BBA panel for contributing LIBOR
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