Controlled Functions definition

Controlled Functions means a function carried on by an approved person in relation to a listed company or CMSP that requires prior CBB approval, as per the relevant licensing Module.
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Controlled Functions means those functions set out in Schedule 1 of the Regulations as they apply to regulated financial service providers;
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Controlled Functions means those functions set out in Schedule 1 of the 2013 Regulations as they apply to credit unions and Schedule 1 of the 2015 Regulations as they apply to credit unions that are also authorised as retail intermediaries;
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Examples of Controlled Functions in a sentence

  • During the term of this Agreement the AR shall ensure that the required number of its directors, partners, members or (where the AR is a sole trader) the principal (as the case may be) is approved under Section 59 of the FSMA for the performance of the Controlled Functions in relation to the Regulated Activities.

  • If from time to time you carry out Controlled Functions, the Company reserves the right to remove you from involvement in some or all Controlled Functions or any other regulated activities if the Company has any concern about your competence or fitness and propriety to carry out those Controlled Functions or other regulated activities.

Related to Controlled Functions

  • Safety Related Function means a function of "The System" that is capable of changing the dynamic behaviour of the vehicle. "The System" may be capable of performing more than one safety related function.

  • Governmental function means an activity that is expressly or impliedly mandated or authorized by constitution, statute, local charter or ordinance, or other law. Governmental function includes an activity performed on public or private property by a sworn law enforcement officer within the scope of the law enforcement officer's authority, as directed or assigned by his or her public employer for the purpose of public safety.

  • critical functions means activities, services or operations the discontinuance of which is likely in one or more Member States, to lead to the disruption of services that are essential to the real economy or to disrupt financial stability due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of an institution or group, with particular regard to the substitutability of those activities, services or operations;

  • Commercially Useful Function means responsibility for the execution of a distinct element of the work of the contract, which is carried out by actually performing, managing, and supervising the work involved, evidencing the responsibilities and risks of a business owner such as negotiating the terms of (sub)contracts, taking on a financial risk commensurate with the contract or its subcontract, responsibility for acquiring the appropriate lines of credit and/or loans, or fulfilling responsibilities as a joint venture partner as described in the joint venture agreement.

  • School function means any school-sponsored extra-curricular event or activity.