Receiving Authority definition
Examples of Receiving Authority in a sentence
The Receiving Authority intends to assist the Innovator Businesses in understanding the regulatory regime under the Receiving Authority’s remit, and how such regimes may be relevant to them.
If an Authority (“Receiving Authority”) receives, via a party that is not a signatory to this MoU, non-public information originally provided by the other Authority ("Disclosing Authority") that is related to the Disclosing Authority's supervision and oversight of a Covered CCP and that the Receiving Authority is aware was obtained by the third party from the Disclosing Authority on a confidential basis, the Receiving Authority will use and treat the information in accordance with the terms of this MoU.
If an Authority (“Receiving Authority”) receives, via a party that is not a signatory to this MoU, non-public information originally provided by the other Authority ("Disclosing Authority") that is related to the Disclosing Authority's supervision and oversight of a Covered CCP and that the Receiving Authority is aware was obtained by the third party from the Disclosing Authority on a confidential basis,the Receiving Authority will use and treat the information in accordance with the terms of this MoU.
The information will not be shared by the Onward Receiving Authority with other parties without getting the prior written consent of the Requested Authority.
In certain circumstances, and as required by law, it may become necessary for the Requesting Authority to share information obtained under this MMoU with an Onward Receiving Authority.