Registrar of Banks definition

Registrar of Banks means the Registrar of Banks designated under section 4 of the Banks Act;

Registrar of Banks means the Registrar of Banks designated as such in terms of the Banks Act;

Registrar of Banks. ’ means the Registrar of Banks designated as such under 50

Examples of Registrar of Banks in a sentence

• The Additional Conditions (if any) prescribed by the Registrar of Banks in respect of Capital Notes will be specified in the Applicable Pricing Supplement or a supplement to the Programme Memorandum.

• The summary set out below is a summary of the regulatory capital requirements as at the Programme Date and may be subject to change or any Additional Conditions which the Registrar of Banks may prescribe.

• For so long as the applicable Capital Regulations so provide, any redemption of Tier 2 Notes prior to the applicable Maturity Date(s) (including but not limited early redemption for tax reasons) will require the prior written approval of, and must be in accordance with the Additional Conditions (if any) approved by, the Registrar of Banks.

• In order for the proceeds of the issuance of Subordinated Notes to qualify as Regulatory Capital, Subordinated Notes must comply with the applicable Capital Regulations and Additional Conditions (if any) prescribed by the Registrar of Banks in respect of a particular Tranche of Subordinated Notes.

• The Registrar of Banks has approved the issue of the Notes represented by this Certificate in terms of the Banks Act (as read with Regulation 38(14)(b) of the "Regulations Relating to Banks" promulgated under the Banks Act) and for the proceeds thereof to rank as "secondary capital" as defined in the Banks Act.

• Application for such arrangements would be required to be made by the bank concerned to the Registrar of Banks.

• Measures taken to review compliance with accounting and auditing standards include the approval of the audit firm by the Registrar of Banks; bi-lateral meetings between the auditor and the banking supervision staff responsible for the bank prior to the commencement of the audit; and tri- lateral meetings between bank supervision, the bank’s audit committee, and the external auditor.

• Furthermore, any such cancellation or write off will not constitute an Event of Default or any other breach of the Issuer's obligations under the Terms and Conditions of any Tier 2 Notes.A Trigger Event will occur when the Registrar of Banks has notified the Issuer, by way of a Register of Bank’s Trigger Event Notice, that it has determined that a "trigger event" as specified in the Capital Regulations has occurred.

• A Trigger Event will occur when the Registrar of Banks has notified the Issuer, by way of a Register of Bank’s Trigger Event Notice, that it has determined that a "trigger event" as specified in the Capital Regulations has occurred.

• The Registrar of Banks believes that it has a partnership with bank auditors where mutual trust and respect motivates the auditor to enforce accounting and reporting requirements.

More Definitions of Registrar of Banks

Registrar of Banks. ’ means the Registrar of Banks designated as such under section 4 of the Banks Act, 1990 (Act No. 94 of 1990);

Registrar of Banks means the “Registrar” as contemplated in the Banks Act;

Registrar of Banks means the person referred to in section 4 of the Banks Act, 1990 (Act No. 94 of 1990)

Registrar of Banks means the Registrar of Banks in accordance with the Banks Act;

Registrar of Banks means the Registrar of Banks appointed in terms of the Banks Act;

Registrar of Banks means the Registrar of Banks appointed under the Banks Act;