Control Functions definition

Control Functions means staff (other than senior management) responsible for risk management, compliance, internal audit and similar functions within an AIFM (e.g. the CFO to the extent that he/she is responsible for the preparation of the financial statements).

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Control Functions means risk management, internal control and similar functions within a financial undertaking.

Control Functions means those employees engaged in functions such as Compliance, Legal, HR, Finance, Operations and Risk Control; and

Examples of Control Functions in a sentence

Each Council shall provide all reasonable assistance to the other Councils to enable the other Councils to be in a position to continue the performance of the Building Control Functions to the Agreed Performance Standards.
The Councils agree that each of them and / or the Partnership shall discharge within their own administrative areas and each within the administrative boundaries of the other the Building Control Functions to the Agreed Performance Standards.
One is a VNF for deploying an iPerf server and client in two virtual machines and the other one is the Open IMS Core which is an Open Source implementation of IMS Call Session Control Functions (CSCFs) and a lightweight Home Subscriber Server (HSS), which together form the core elements of all IMS/NGN architectures as specified today within 3GPP, 3GPP2, ETSI TISPAN and the PacketCable initiative.
The Parties are Building Control Authorities with responsibilities and powers in relation to the Building Control Service under Section 91 of the Building Act 1984 and all other related legislation, including the enforcement of Building Regulations in the Joint Area, in relation to the exercise of Building Control Functions.
Fareham Borough Council shall employ sufficient properly trained, careful, skilled, honest, competent officers to ensure the Building Control Functions are provided at all times and in accordance with this Deed.

More Definitions of Control Functions

Control Functions means the Risk, Internal Audit, Finance and Compliance functions. “Fit and proper” means a person who:

Control Functions means those functions that do not have a responsibility of revenue generation and have a responsibility independent from revenue generating functions i.e., to provide objective assessment, reporting and/or assurance on revenue generating/risk taking activities. Not all non-revenue generating functions are control functions; assurance functions and internal control functions are together called control functions. Assurance function are control functions performed by second and third line of defence.

Control Functions means all the functions which, by virtue of a legislative, regulatory, statutory or self- regulatory provisions, are entrusted with control responsibilities;

Control Functions. The term “Control Functions” means staff (other than Senior

Control Functions means the risk control function, the compliance function and the internal audit function.

Control Functions means the dedicated functions (whether in the form of a unit or department) of an insurer responsible for supporting the board in the fulfillment of its

Control Functions means the functions that have responsibilities independent from management to provide objective assessment, reporting and/or assurance. This includes the risk management function, the compliance function and the internal audit function.