Примеры использования Settlors на Английском языке и их переводы на Русский язык
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Colloquial
No more than three settlors may be nominated by each Member State.
It was further emphasized that the parties should also agree on the functions of the settlors.
Defines beneficial ownership, settlors and beneficiaries, and.
Available settlors from the Roster may be Nobel Laureates involved in these fields.
Matters relating to the timing andnature of reports would be agreed upon by the parties and the settlors.
Otherwise, the parties and settlors convene without any predetermined regulations as to their future course of action.
Operating procedures, including venue, number, and timing of sessions,shall be established by the parties to the dispute and the settlors.
The Roster of Settlors shall be composed of qualified individuals willing to serve in dispute settlement nominated by Member States.
In response, the sponsor pointed out that, once the parties had accepted the Service,they would proceed to selecting the settlors and deciding on their functions.
Ii Is disclosure of information on the settlors and beneficiaries(see note 5) of trusts required at the time of all trust formations in your jurisdiction?
Under the old 1992 Law, it was not clear whether a settlor could reside in Cyprus after forming an International Trust andthis uncertainty discouraged the settlors from relocating.
The proposal indicates that the settlors should be qualified individuals from as varied a field as possible sect. II, para. 15, and sect. III, g.
Although numerous large international banks have trust company subsidiaries, many settlors prefer to deal with the smaller specialised trust companies.
It was unclear whether settlors could relocate to Cyprus after establishing a Cyprus International Trust, and the resulting doubt discouraged many from doing so.
Regarding subparagraph(f), it was felt that the procedure could be simplified by involving settlors in all stages of the process, thereby rendering the Board of Administrators unnecessary.
Forced Heirship Protection: The forced heirship rules of a foreign jurisdiction will not affect the validity of any settlements of any movable assets into a Hong Kong trust made by settlors during their lifetime.
Persons are identified by trust companies for the purpose of obtaining information about trustees, settlors/grantors and beneficiaries of trusts in accordance with the procedure described above.
This Section of the new Law serves to remind settlors, trustees and beneficiaries that a trust relationship is a highly confidential one and information should not be disclosed to any third party, unless a Cyprus court orders for such information to be disclosed.
Strengthen the recourse of parties to a dispute to a regional solution by providing Administrators and a Roster of Settlors which will contain eminent personalities from their respective regions;
These settlors need not only represent recognized legal experts in international military/peace/security issues, but also those having expertise in economic, social and cultural relations where disputes are most often the root cause of all disastrous conflicts.
The sponsor also observed that, while the function of the Board of Administrators would be primarily to offer services to the parties orrespond to requests for such services, it was the settlors chosen by the parties who would constitute the primary mechanism for the dispute settlement process.
Expand the scope of expertise available to disputing parties by using settlors who will be drawn from as varied a field of qualified personalities as possible to be engaged actively in measures of a peacemaking nature;
While that initiative could be instrumental in strengthening the role of the Organization in the peaceful settlement of disputes, certain aspects, such as the initiation of the procedure, the relationship anddivision of labour between administrators and settlors, and the respective functions of the latter, needed further refinement.
It was felt that a list of"settlors" might not in fact prove to be of any practical utility, in view of the experience of previous lists or rosters of persons which had been set up by the Secretary-General at the request of the General Assembly and in pursuance of the provisions of multilateral conventions.
The jurisdictions were asked to indicate whether beneficial ownership information is required to bedisclosed to competent authorities at the time of all company formations; and whether information on settlors and beneficiaries is required to be disclosed to competent authorities at the time of all trust formations.
However, in effect,after the parties and the settlors are behind closed doors to begin their discussions, they become subsidiary to themselves unless, as an exception, either the Security Council, the General Assembly or the Secretary-General has made specific requests when applying the Service to their own purpose.
Once this initial"pre-settlement" stage had been successfully completed, in most cases by the conclusion of an agreement between the parties setting forth the settlement method of their choice, the parties, if they so wished,would select from the Roster of Settlors the persons who would implement that procedure.
This means that settlors from jurisdictions that prescribe forced heirship rules can now have peace of mind that the trust will benefit their chosen beneficiaries and will disregard any person who would otherwise benefit from their estate under domestic forced heirship rules of their jurisdiction of residence or citizenship.
Nineteen jurisdictions indicated that under AML/CFT and/or other regulatory laws, TCSPs are required to request information on beneficial ownership,as well as information on settlors and beneficiaries of trusts and to conduct CDD, verification and record retention in relation to such information and to make this information available to competent authorities upon request.
Notwithstanding the provisions of domestic law in the requested State, that State may decline to supply requested communications between attorneys, solicitors or other admitted legal representatives and their clients only if, and to the extent that, such representatives act in their capacity as attorneys, solicitors or other admitted legal representatives and not in a different capacity, such as nominee shareholders,trustees, settlors, company directors or accountants, or under a power of attorney to represent a company in its business affairs.