Examples of Solvency II Regulation in a sentence
The method of retention is in the form of an originator’s interest (as described in Article 405(1)(b) of the CRR, Article 51(1)(b) of the AIFM Regulation and Article 254(2)(b) of the Solvency II Regulation), which form has not changed and will not change and which retention will not be subject to any credit risk mitigation, any short position or any other hedge and will not be sold, except as permitted by the EEA Risk Retention Rules.
The method of retention will be in the form of an originator’s interest (as described in Article 405(1)(b) of the CRR, Article 51(1)(b) of the AIFM Regulation and Article 254(2)(b) of the Solvency II Regulation), which form will not change and which retention will not be subject to any credit risk mitigation, any short position or any other hedge and will not be sold, except to as permitted by the EEA Risk Retention Rules.
On the other hand, computer trainings sessions were conducted in the DBP library, however, focused on computer literacy rather than IL.
The Board of Directors acknowledges Internal Audit’s importance as a third line of defense in the internal control system’s design framework, and is therefore committed to meeting or exceeding all relevant requirements of both the Solvency II Regulation (EU) 2015/35 and the CSE’s Corporate Governance Code.
Retention and Information Undertaking Ember VRM S.à x.x., in its capacity as originator, has undertaken to the Issuer, the Security Trustee and the Joint Lead Managers that, for as long as the Notes are outstanding, it shall retain, on an ongoing basis, a material net economic interest in the securitisation transaction which shall in any event not be less than five (5) per cent., in accordance with article 405 of the CRR, article 51 of the AIFMR and article 254 of the Solvency II Regulation.