Examples of PBB Group in a sentence
Cambodian Public Bank Plc, together with its parent company Public Bank Berhad and its subsidiaries and branches ("PBB Group") are participating foreign financial institutions under the Foreign Account Tax Compliance Act ("FATCA") of the United States of America ("U.S.").
In some instances, PBB Group will request certain information to be submitted by its customers / account holders to meet its FATCA obligations.
To ensure that customer’s / account holder’s information is accurate, PBB Group requires that customers/account holders provide notification in the event of changes in customers information, including change of mailing address, phone number and nationality within 30 days of a change in circumstances that causes the account opening form to become incorrect.
FATCA requires enhanced due diligence procedures on customers/account holders within the PBB Group to enable identification and reporting of U.S. Persons and substantial U.S. Shareholders of foreign entities to the Malaysian Competent Authority** and ultimately, to the U.S. Internal Revenue Service (IRS).
Payments to the PBB Group’s customers/account holders will generally not be subject to withholding, provided that appropriate certification or other documentation concerning their status is provided to the PBB Group as instructed.
The Credit Risk Management Committee is responsible to assist the Board of PBB and PIBB being the two largest entities of the PBB Group, in discharging the respective Board’s oversight roles over the management of credit risk.
Health Plan is subject to the requirements of the Knox-Keene Health Care Service Plan Act of 1975, as amended (Chapter 2.2 of Division 2 of the Health and Safety Code), and the Regulations promulgated hereunder (Chapter 2, Division 1 of Title 28 of the California Code of Regulations).
There can be no guarantee that the PBB Group will be able to obtain such funds.
The PBB Group maintained its market leader position with domestic vehicle hire purchase financing market share of 26.3% as at 31 May 2013.
The Ombudsperson was granted with a right to investigate administrative cases and impose administrative sanctions for the violations of the Act on Equal Opportunities for Women and Men, which is one of the most important effective tools of the Lithuanian gender equality policy.