Swiss Banking Law definition

Swiss Banking Law means the Swiss Federal Law Relating to Banks and Savings Banks of November 8, 1934, as amended.
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Examples of Swiss Banking Law in a sentence

  • UBS AG Parent Bank prepares its Financial Statements in accordance with Swiss Banking Law requirements.

  • According to the Claimants, the Swiss Banking Law and the UBS Articles of Association provide that the Board of Directors is responsible for the “supervision and control” of UBS management and has “ultimate responsibility for management”39.

  • The Account Bank is licensed to carry on the business of banking as a credit institution in terms of the Swiss Banking Law and is a licensed to provide certain investment services and to act as a custodian for collective investment schemes under the Swiss Banking Law.

  • The MRR does not differentiate between low emitters and other categories with regard to use of highest tiers.

  • The BoD has, under Swiss Banking Law, no direct operational and executive responsibility but is, essentially, limited to a strategic and supervisory function.

  • The Board of Directors consists exclusively of non-executive directors in accordance with the Swiss Banking Law.

  • Refer to Note 11 for a description of the differences between IFRS and US GAAP.Page 49 Supplemental Guarantor Consolidating Balance Sheet CHF millionAs of 30 June 2005UBS AG Parent Bank 11 UBS AG Parent Bank prepares its Financial Statements in accordance with Swiss Banking Law requirements.

  • Equity capital according to Swiss Banking Law was CHF 2.924 billion (end of 2013).

  • Briefing paper101 Convention on Mutual Administrative Assistance in Tax Matters, available at: http://www.oecd.org/ctp/exchange-of-tax- information/ENG-Amended-Convention.pdf102 Swiss Banking Law of 1934.103 van Os, R.

  • Negligent acceptance of assets of a criminal origin does not render liable to prosecution but may run contrary to the duty to maintain proper business conduct required by Swiss Banking Law.

Related to Swiss Banking Law

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Instrument or, as the case may be, Coupon.

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.

  • Relevant Banking Day means a day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Covered Bond for a Registered Covered Bond, where such request for exchange is made to the Issuing and Paying Agent, in the place where the specified office of the Issuing and Paying Agent is located;

  • Mizuho means Mizuho Bank, Ltd.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • Applicable Banking Regulations means at any time the laws, regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, then applicable to Banco Santander and/or the Group including, without limitation to the generality of the foregoing, the CRD IV, the BRRD, the SRM Regulation and those regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency of the Regulator and/or the Relevant Resolution Authority then applicable to Banco Santander and/or the Group including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, in each case to the extent then in effect in the Kingdom of Spain (whether or not such regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to Banco Santander and/or the Group).

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Federal banking agency means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration and the Federal Deposit Insurance Corporation;

  • Central Bank Rules means the UCITS Regulations, Central Bank Regulations and any regulations, guidance and conditions issued by the Central Bank from time to time pursuant to the UCITS Regulations, the Central Bank Regulations and/or the Central Bank Act regarding the regulation of undertakings for collective investment in transferable securities, as such may be amended, supplemented or replaced from time to time;

  • H.15(519) means the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Federal Reserve Bank of New York s Website” means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or any successor source.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • New York City Banking Day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in New York City;

  • Federal Reserve Bank of New York’s Website means the website of the Federal Reserve Bank of New York at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • 15(519) means the weekly statistical release designated as such, or any successor publication, published by the Board of Governors of the Federal Reserve System. The date of determination of a Make-Whole Premium will be the third Business Day prior to the applicable prepayment date and the "most recent H.15(519)" means the H.15(519) published prior to the close of business on the third Business Day prior to the applicable prepayment date.