Prudential Standards definition

Prudential Standards means the prudential standards and guidelines published by APRA and as applicable to the Issuer from time to time;

Prudential Standards. ’ means enhanced supervision

Prudential Standards means such standards of prudence as would, in the opinion of the Authority, ensure that the obligations of the insurer or insurance group in relation to the security of its policyholders are established at an appropriate level;

Examples of Prudential Standards in a sentence

• The exposure at default is calculated in a manner consistent with APRA Prudential Standards.

• The APRA Prudential Standards require a minimum provision to be maintained, based on specific percentages on the loan balance which are contingent upon the length of time the repayments are in arrears.

• STATUTORY AND LEGAL IMPLICATIONS The following legislation is relevant to this report:• Local Government (Financial Management) Regulations 1996 Regulation 19 – Management of Investments• Trustee Act 1962 (Part 3) Authorised Deposit-taking Institutions are authorised under the Banking Act 1959 and are subject to Prudential Standards oversighted by the Australian Prudential Regulation Authority (APRA).

• Loan capital is debt issued by the Consolidated Entity with terms and conditions that qualify for inclusion as capital under APRA Prudential Standards.

• The provision of financial accommodation to Directors and associates of Directors does not contravene the Prudential Standards administered by APRA and is shown in the Company’s accounts in accordance with applicable accounting standards.

More Definitions of Prudential Standards

Prudential Standards means standards of policy and procedures adopted in State lending programs which meet the minimum standards adopted by the private home lending sector, consistent with the policy objectives of State lending programs;

Prudential Standards. ’ means enhanced supervision and regulatory standards established by the Board of Governors under section 165 of the Dodd-Frank Act (12 U.S.C. 5365).

Prudential Standards means the conditions of registration or licence and capital adequacy framework published by the RBNZ and applicable to WNZL from time to time;

Prudential Standards means sound and judicious requirements relating to the financial ability of an insurer to meet its obligations under any unforeseeable circumstance;

Prudential Standards means standards made by APRA under Division 1 of Part 10A of the Act.

Prudential Standards means the prudential standards and requirements that must be applied by the Commission in relation to the MAC business or relate to the performance of the Commission’s functions in relation to the MAC business as set out in clauses2-4 of this Determination (subject to the qualifications, modifications, clarifications and additions as set out in Schedule 1).

Prudential Standards means sound and judicious requirements relating to the financial ability of a retirement fund to meets its obligations under any unforeseeable circumstance prescribed by the Registrar in terms of these regulations;