Common use of Purpose and general principles Clause in Contracts

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRM, the competent supervisory Authority of the Republic of Macedonia. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRMFSA, the competent supervisory Authority of the Republic Federation of MacedoniaBosnia and Herzegovina. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntitiesentities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRMNBS, the competent supervisory Authority of the Republic of MacedoniaSerbia. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntitiesentities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRMBARS, the competent supervisory Authority of the Republic of MacedoniaRepublika Srpska. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntitiesentities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRMFSRA, the competent supervisory Authority of the Republic of MacedoniaADGM. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntitiesentities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' ’ respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRMCBK, the competent supervisory Authority of the Republic of MacedoniaKosovo. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntitiesentities. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. 1. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRM, the competent supervisory Authority of the Republic of MacedoniaSSF in relation to supervised entities. Such cooperation is essential in order to promote the integrity, safety and soundness of supervised entities and the stability and efficiency of the supervised �ntitiesfinancial system. 2. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' ’ respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking SupervisionSupervision12. 3. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going ongoing investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.

Purpose and general principles. 1.1. The purpose of this Memorandum of Understanding is to formalise cooperation and information-sharing mechanisms between the ECB and the NBRMNBM, the competent supervisory Authority of the Republic of MacedoniaMoldova. Such cooperation is essential in order to promote the integrity, stability and efficiency of the supervised �ntitiesentities. 1.2. This Memorandum of Understanding is aimed at ensuring the effective exchange of supervisory information for the performance of the Authorities' respective supervisory powers over supervised entities, to the extent permitted by law, and in accordance with the Core Principles for Effective Banking Supervision developed by the Basel Committee on Banking Supervision. 1.3. The Authorities recognise that cooperation under this Memorandum of Understanding may be denied on the grounds of laws, regulations and requirements, or public interest, as well as where it would interfere with an on-going investigation or jeopardise the proper performance of the tasks of the Authorities, including due to resources constraints.