Examples of Scotiabank Group in a sentence
The Scotiabank Group is responsible for the appropriate management of these trusts based on the limits established by applicable laws and the respective agreement.
The accounting records of entities of the Scotiabank Group comply with the information requirements established by the SBS.
The Scotiabank Group recognizes that an efficient and integrated operational risk management is a key component of risk management best practices; therefore the Bank, in order to have a solid internal governance of operational risk, adopted a three-line of defense model, establishing the responsibilities of operational risk management.
Goodwill has an indefinite useful life and the Scotiabank Group carries out a goodwill impairment testing annually or more frequently when there are sales or changes in circumstances indicating that goodwill balance might not be recoverable.
Impairment of financial assetsThe Scotiabank Group assesses at the end of each reporting period whether there is objective evidence that a financial asset or group of financial assets is impaired.
Other income and expenses of the Scotiabank Group are recognized as earned or incurred in the period in which they are accrued.
Those that might be relevant to Scotiabank Group are detailed below.
Ms. Rowe has an extensive background in the financial services and banking industry with over 20 years of experience with the Scotiabank Group.
Periodical certifications of price, value and fluctuations of the collaterals are conducted by the Scotiabank Group; and, if necessary, actions are taken to mitigate the risk associated with the value of these collaterals.
The Scotiabank Group has a strong risk culture throughout the entire entity.