Examples of using Critical functions in English and their translations into Croatian
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Colloquial
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Ecclesiastic
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Computer
A massive power surge has destroyed all of the station's critical functions.
You have primary control of all the critical functions. Mission analytic executor.
Mission analytic executor,you have primary control of all the critical functions.
Sale of a CCP's entire or critical functions to a viable competitor,(ii) creation of a publicly controlled bridge CCP, and(iii) allocation of losses and positions among clearing members.
The process and metrics for identifying their core business lines and critical functions; b.
Critical functions' means those activities, services and operations the discontinuance of which would be likely to result in a disruption of the economy of, or the financial markets in, one or more Member States;
Make changes to the funding strategy so as to improve the resilience of the core business lines and critical functions;
The strategic analysis shall identify core business lines and critical functions and set out the key steps to maintaining those core business lines and critical functions in a situation of financial stress.
A range of capital and liquidity actions required to maintain operations of, and funding for, the institution's critical functions and business lines;
A demonstration of how the CCP's critical functions could be legally and economically separated, to the extent necessary, from its other functions so as to ensure their continuity upon the failure of the CCP;
The functions included in the system of governance are considered to be key functions andconsequently also important and critical functions.
The main advantage of the internal MREL is that it allows recapitalising a resolution group entity(with critical functions) without placing it into formal resolution, which could potentially have disruptive effects on the market.
The description of the institution or of the group should provide a general overview of the institution or of the group and of its activities,together with a detailed description of its core business lines and critical functions.
As such, the measures are designed to protect vital critical functions without exposing taxpayers to loss in order to preserve the ability of the financial system to fund economic growth and avoid the socio-economic costs of a financial meltdown.
It is created for the purpose of receiving and holding some or all of the instruments of ownership issued by a CCP under resolution or some or all of the assets,rights, obligations and liabilities of the CCP with a view to maintaining the critical functions of the CCP and subsequently selling the CCP.
EBA shall be empowered to develop draft regulatory technical standards in order to specify the definitions of"critical functions" and"core business lines" provided for in points(29) and(30) of paragraph 1 in order to ensure uniform application of this Directive.
It is created for the purpose of receiving and holding some or all of the shares or other instruments of ownership issued by an institution under resolution or some or all of the assets, rights and liabilities of one ormore institutions under resolution with a view to maintaining access to critical functions and selling the institution or entity referred to in point(b),(c) or(d) of Article 11.
In order to give effect to the bridge institution tool andhaving regard to the need to maintain critical functions in the bridge institution, Member States shall ensure that resolution authorities have the power to transfer to a bridge institution.
The objective of the TLAC standard is to ensure that global systemically important banks, referred to as global systemically important institutions(‘G-SIIs') in the Union framework, have the loss-absorbing and recapitalisation capacity necessary to help ensure that in, and immediately following, a resolution,those institutions can continue to perform critical functions without putting taxpayers' funds, that is public funds or financial stability at risk.
The objective of a credible recovery and resolution framework is to ensure, to the greatest extent possible, that CCPs set out measures to recover from financial distress,to maintain the critical functions of a CCP which is failing or likely to fail while winding down the remaining activities through normal insolvency proceedings, and to preserve financial stability while minimising the cost of a CCP failure on taxpayers.
Where the resolution tools have been used to transfer the critical functions or viable business of a CCP to a sound entity such as a private sector purchaser or bridge CCP, the residual part of the CCP should be liquidated within an appropriate time frame having regard to any need for the failing CCP to provide services or support to enable the purchaser or bridge CCP to carry out the activities or provide the services acquired by virtue of that transfer.
Requiring changes to legal or operational structures of the institution so as toreduce complexity in order to ensure that critical functions may be legally and economically separated from other functions through the application of the resolution tools;
Critical functions' means activities, services or operations provided to third parties external to the CCP the discontinuance of which is likely to lead to the disruption of services that are essential to the real economy or to disrupt financial stability in one or more Member States due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of a CCP or group, with particular regard to the substitutability of those activities, services or operations;
(c) requiring changes to legal or operational structures of the institution so as toreduce complexity in order to ensure that critical functions may be legally and economically separated from other functions through the application of the resolution tools;
When assessing the credibility of liquidation, resolution authorities shall consider the likely impact of the liquidation of the institution or group on the financial systems of any Member State orof the Union to ensure the continuity of access to critical functions carried out by the institution or group and achieving the resolution objectives of Article 31 of Directive 2014/59/EU.
Subject to any restrictions imposed in accordance with Union or national competition rules,the management of the bridge institution shall operate the bridge institution with a view to maintaining access to critical functions and selling the institution or entity referred to in point(b),(c) or(d) of Article 1(1), its assets, rights or liabilities, to one or more private sector purchasers when conditions are appropriate and within the period specified in paragraph 4 of this Article or, where applicable, paragraph 6 of this Article.
Subject to any restrictions imposed in accordance with Union ornational competition rules, the management of the bridge CCP shall operate the bridg e CCP with the objective of maintaining access by stakeholders to the bridge CCP's critical functions and selling the bridge CCP or any of its assets, rights, obligations and liabilities to one or more private sector purchasers.
The Commission shall be empowered to adopt delegated acts in accordance with Article 115 in order to specify the criteria for the determination of the activities, services and operations referred to in point(35)of the first subparagraph as regards the definition of‘critical functions' and the criteria for the determination of the business lines and associated services referred to in point(36) of the first subparagraph as regards the definition of‘core business lines'.
There are two chambers in your penis that serve a critical function in erection process.
However, I'm inclined to think that these are a small price to pay for a well-priced tool that offers a critical function for many small businesses.