Examples of Relevant Institution in a sentence
If an OTC counterparty (which is not a Relevant Institution) engaged by the Company, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective.
A Relevant Institution may process payments in relation to the activities authorised by paragraphs 3a and 3b.
In the event that the risk exposure to the Approved Counterparty in such a Derivative Contract exceeds the limits prescribed by the Central Bank, the Approved Counterparty is required to provide Collaterals to the Fund such that the risk exposure to the Approved Counterparty is limited to 10% (if the Approved Counterparty is a Relevant Institution) or 5% (in all other cases) of the Net Asset Value of the Fund.
If a counterparty (which is not a Relevant Institution) engaged by the ICAV, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective.
If an OTC counterparty (which is not a Relevant Institution) engaged by the ICAV, in respect of a Fund, is subject to a credit rating downgrade, this could potentially have significant implications for the relevant Fund both from a commercial perspective and a regulatory perspective.