Prudential Authority definition

Prudential Authority. ’ means the authority established in terms of section 32; ‘‘Prudential Committee’’ means the committee established in terms of section 41; ‘‘prudential standard’’ means a standard made in terms of section 105; ‘‘Public Finance Management Act’’ means the Public Finance Management Act,

Prudential Authority means the authority established in terms of section 32; “Prudential Committee” means the committee established in terms of section 41; “prudential standard” means a standard made in terms of section 105;

Prudential Authority means the Prudential Authority established by section 32 of the Financial Sector Regulation Act.

Examples of Prudential Authority in a sentence

• Replaced with statutory once implemented,however, Prudential Authority can still elect contractualContractual.

• To assess the application or notification, the Prudential Authority needs to ensure that the information in the application or notification is accurate and complete, and may be verified and shared with other regulatory authorities.

• The Prudential Authority ("PA") that governs the South African assurance companies came into effect on 1 July 2018, following the promulgation of the Insurance Act No 18 of 2017.

• The Issuer is subject to capital adequacy guidelines adopted by the Prudential Authority (“PA”), which provide for minimum capital requirements for Common Equity Tier 1 ("CET1"), Tier 1 and Total Capital.

• Learning from the financial crisis in 2008, there has been a strong increased focus in the UK onthe regulatory environment, implementing preventative systems and regular reviews with financial institutions to ensure that they comply with the Financial Conduct Authority, Prudential Authority and BASEL III.

More Definitions of Prudential Authority

Prudential Authority means the Prudential Authority established in terms of section 32 of the Financial Sector Regulation Act, 2017 or such other governmental authority in South Africa (if any) as will have the responsibility for making decisions relating to the declaration of a bank as being non-viable;

Prudential Authority means the authority established in terms of section 32 of the Financial Sector Regulation Act;

Prudential Authority means the authority established in terms of section 32 of the Financial Sector Regulation Act;[definition of "Prudential Authority" inserted by section 290 of Act 9 of 2017]

Prudential Authority means the Prudential Authority of the South African Reserve Bank;

Prudential Authority means the authority established in terms of section 11(1)(b);

Prudential Authority means the Prudential Authority established in terms of section 32 of the Financial Sector Regulation Act, 2017 of South Africa and any successor or replacement thereto.

Prudential Authority means the authority established in terms of section 27; “prudential standard” means a standard made in terms of section 94;