Model: jebish7/bge_MNSR
Author: jebish7
Pipeline: sentence-similarity
Library: sentence-transformers
Tags: sentence-transformers, safetensors, bert, sentence-similarity, feature-extraction, generated_from_trainer, dataset_size:29545, loss:MultipleNegativesSymmetricRankingLoss, arxiv:1908.10084, base_model:BAAI/bge-small-en-v1.5, base_model:finetune:BAAI/bge-small-en-v1.5, text-embeddings-inference, endpoints_compatible, region:us
Base models (finetune): id: BAAI/bge-small-en-v1.5
Card metadata: base_model: BAAI/bge-small-en-v1.5
library_name: sentence-transformers
pipeline_tag: sentence-similarity
tags: sentence-transformers, sentence-similarity, feature-extraction, generated_from_trainer, dataset_size:29545, loss:MultipleNegativesSymmetricRankingLoss
widget: source_sentence: Could you clarify the process for determining whether an entity is subject to FATCA and the ADGM Common Reporting Standard Regulations 2017?
sentences: If Rule ‎7.5.3(b) or ‎7.5.3(c) applies, the Insurance Intermediary must, if requested by the Retail Client, provide to that Client a list of insurers with whom it deals or may deal in relation to the relevant Contracts of Insurance., REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED ACTIVITIES IN RELATION TO VIRTUAL ASSETS
International Tax Reporting Obligations
COBS Rule 17.4 requires Authorised Persons to consider and, if applicable, adhere to their tax reporting obligations including, as applicable, under the Foreign Account Tax Compliance Act (“FATCA”) and the ADGM Common Reporting Standard Regulations 2017.
, The following lists some of the items that an Authorised Person should consider including in its internal reporting of Operational Risks:
a.	the results of monitoring activities;
b.	assessments of the Operational Risk framework performed by control functions such as internal audit, compliance, risk management and/or external audit;
c.	reports generated by (and/or for) supervisory authorities;
d.	material breaches of the Authorised Person's risk appetite and tolerance with respect to Operational Risk;
e.	details of recent significant internal Operational Risk events and losses, including near misses or events that resulted in a positive return; and
f.	relevant external events and any potential impact on the Authorised Person and its Operational Risk framework, including Operational Risk capital., source_sentence: Could you provide specific examples of how a Relevant Person should verify the existence of any secrecy or data protection laws in a third-party's country of incorporation that might impede access to CDD information?
sentences: A Relevant Person should verify whether any secrecy or data protection law exists in the country of incorporation of the business partner that would prevent access to relevant data., An Applicant for a Financial Services Permission must pay to the Regulator an application fee of $10,000 to carry on the Regulated Activity of:
(a)	Arranging Credit;
(b)	Operating a Multilateral Trading Facility;
(c)	Operating an Organised Trading Facility;
(d)	Managing a Collective Investment Fund;
(e)	Managing a Venture Capital Fund and co-investments;
(f)	Acting as the Administrator of a Collective Investment Fund;
(g)	Acting as Trustee of an Investment Trust;
(h)	Operating a Credit Rating Agency; or
(i)	Operating a Private Financing Platform., A Business Reorganisation Plan may be further amended following its initial implementation if the Regulator is of the view that changes to the plan are required to achieve the long-term viability of the Institution., source_sentence: What specific criteria must a conventional custodian meet to be approved by the FSRA as a Digital Security Facility (DSF) for the custody of Digital Securities?
sentences: Such Rules may prescribe—
(a)	the circumstances in which an Issuer is required to appoint a sponsor, and a Reporting Entity is required to appoint a compliance adviser or other expert adviser;
(b)	the requirements applicable to the Issuer or Reporting Entity, and a person Appointed as a sponsor, compliance adviser or other expert adviser; and
(c)	any other matter necessary to give effect to such appointments.
, If a Fund Manager is unable to manage a conflict of interest as provided above, it must dismiss or replace the member as appropriate., DIGITAL SECURITIES – INTERMEDIARIES
Intermediaries conducting a Regulated Activity in relation to Virtual Assets – Extension into Digital Securities
Virtual Asset Custodians may apply to the FSRA to be a DSF in order to provide custody of Digital Securities.  Refer to paragraphs 73 to 75 for further information on the requirements that will apply.
, source_sentence: Can you elaborate on the types of records an Authorised Person must retain related to ESG disclosures and corporate governance practices?
sentences: REGULATORY REQUIREMENTS - SPOT COMMODITY ACTIVITIES
Default Rules
The FSRA suggests that an Applicant/Authorised Person consider different scenarios/circumstances where it may need to utilise the powers provided to it under its Default Rules, and take appropriate action as required.  Scenario testing of this kind could relate to when there is a financial and/or technical ‘default’ in relation to, for example, delivery failure, storage failure or wider banking arrangements.  Due to the short settlement cycle of Spot Commodity markets, the impact of a ‘default’ may be on a per-transaction basis or structural basis, in limiting the ability of Members to fulfil their delivery obligations (and therefore the ability of the MTF to operate on a fair and orderly basis).
, Risk control. Authorised Persons should recognise and control the Credit Risk arising from their new products and services. Well in advance of entering into business transactions involving new types of products and activities, they should ensure that they understand the risks fully and have established appropriate Credit Risk policies, procedures and controls, which should be approved by the Governing Body or its appropriate delegated committee. A formal risk assessment of new products and activities should also be performed and documented., Records: An Authorised Person must make and retain records of matters and dealings, including Accounting Records and corporate governance practices which are the subject of requirements and standards under the Regulations and Rules.
, source_sentence: How does ADGM ensure that FinTech Participants remain compliant with evolving regulatory standards, particularly in the context of new and developing technologies?
sentences: DIGITAL SECURITIES – INTERMEDIARIES
Conventional Intermediaries – Digital Securities
Intermediaries intending to operate solely, in the context of Digital Securities, as a broker or dealer for Clients (including the operation of an OTC broking or dealing desk) are not permitted to structure their broking / dealing service or platform in such a way that would have it be considered as operating a RIE or MTF.  The FSRA would consider features such as allowing for price discovery, displaying a public trading order book (accessible to any member of the public, regardless of whether they are Clients), and allowing trades to automatically be matched using an exchange-type matching engine as characteristic of a RIE or MTF, and not activities acceptable for an Digital Securities intermediary to undertake.
, The Guidance is applicable to the following Persons:
(a)	an applicant for a Financial Services Permission to carry on the Regulated Activity of Developing Financial Technology Services within the RegLab in or from ADGM; and/or
(b)	a FinTech Participant., Where an individual is appointed under this Rule, the Regulator may exercise any powers it would otherwise be entitled to exercise as if the individual held Approved Person status.
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Created: 2024-11-25 19:16:09