Examples of Relevant Supervisory Authority in a sentence
Relevant Supervisory Authority means any relevant regulator having jurisdiction over the Issuer and/or the Group, in the event that the Issuer and/or the Group is required to comply with certain applicable solvency margins or capital adequacy levels.
Prior Approval of the Relevant Supervisory Authority means in respect of any proposed act on the part of the Issuer, the prior written approval or consent of, or notification to the Relevant Supervisory Authority, if such approval, notification or consent is required at the time under any Applicable Regulations or an official application or interpretation thereof.
The current Relevant Supervisory Authority is the Autorité de Contrôle Prudentiel (the ACP).
Will generally show a hand that wishes to compete rather than invite game.E.g. 1♦ - [1♠] - 2♥(nf) – [2♠]; 2NT demands 3♣ from responder and opener then bids 3♦ or 3♥ to play.
Any such exchange or variation requires prior approval of the Relevant Supervisory Authority.