Systemic Issue definition

Systemic Issue means a matter such as undisclosed fees or charges, misleading communications, administrative errors or product flaws discovered in the course of considering a Complaint against a Participating Firm which may have caused loss, damage or harm to one or more other Customers of the Participating Firm in a similar fashion to that experienced by the original Complainant;
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Systemic Issue means a recurring or persistent issue, policy or practice that may affect more than one individual.
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Systemic Issue means a matter discovered in the course of considering a Complaint which may have caused a loss or inconvenience to one or more other Customers in a similar fashion to that experienced by the original Complainant;
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Examples of Systemic Issue in a sentence

  • The TIO may also notify the ACMA of illegal phoenixing activity (or suspected illegal phoenixing activity) as part of a Systemic Issue notification under clause 10.

  • A systemic issue has the meaning in the TIO’s Terms of Reference (Systemic Issue).

Related to Systemic Issue

  • systemic risk means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy;

  • Coagulation means a process using coagulant chemicals and mixing by which colloidal and suspended materials are destabilized and agglomerated into flocs.

  • Dormitory means a building used in conjunction with an educational building for living quarters for seven or more students;

  • Anaerobic digester means a liquid manure storage area that is constructed with the intent to capture and combust gas emissions resulting from the digestion of waste by microbes in anaerobic conditions. An anaerobic digester is a LMSA and is required to comply with all requirements applicable to LMSAs. Requirements specific to anaerobic digesters will be noted when applicable.

  • School-issued device means hardware or software that the school district, acting independently or with a technology provider, provides to an individual student for that student's dedicated personal use. A school-issued device includes a device issued through a one-to-one program.