With six new Senior Management Functions (SMF) and five new Prescribed Responsibilities, as a Core Firm your obligations are significant. Enhanced Firms As an Enhanced Firm, your obligations are more onerous than Limited Scope or Core Firms, with 17 new Senior Management Functions (SMF) and 12 ...
management functions or business areas within the Group (CRO,business heads, Operations, IT, HR).A bank is required to identify these individuals as ‘senior management functionholders’ (‘SMs’).There must be no gaps in accountability to these SMs.A bank must allocate specific prescribed ...
The joint-stock reform has led to the fundamental change in the management system and operating mechanism of ICBC. The construction of a customer-centered and process-based bank with risk con- trol as the base line becomes more and more sophisticated; systems for capital management, financial 7...
Unless the certificate of authentication hereon has been executed by the U.S. Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. The signature of the executing officer ...
The Company shall have furnished to the Representatives a certificate, dated the Closing Date, of any two of its President, Executive Vice President and Chief Financial Officer, or Senior Vice President and Chief Investment Officer to the effect that: (A) The representations and warranties of th...
“Fundamental Documents” shall mean this Agreement, the Notes, the Collateral Documents and any Compliance Certificate which is required to be executed by the Borrower pursuant to Section 5.1(c) and delivered to the Administrative Agent in connection with this Agreement. “GAAP” shall mean genera...
Each set of financial statements delivered to a holder of Notes that is an Institutional Investor pursuant to Section 7.1(a) or Section 7.1(b) hereof shall be accompanied by a certificate of a Senior Financial Officer setting forth (which, in the case of electronic delivery of any such ...