supervisory system


Also found in: Acronyms.

supervisory system

[¦sü·pər¦vīz·ə·rē ′sis·təm]
(electricity)
A system of control, indicating, and telemetry devices which operates between the stations of an electric power distribution system, using a single common channel to transmit signals.
References in periodicals archive ?
First, the federal supervisory system should complement market evolution, and adjustments to its structure should follow, not precede, changes in the structure of the banking system that will result from statutory and regulatory proposals to alter substantially the powers of banking organizations.
Its supervisory system and written supervisory procedures, said FINRA, weren't designed to ensure that customers received appropriate discounts on eligible UIT purchases.
In addition, FINRA found that the firm's supervisory system wasn't up to the task of achieving compliance regarding disclosure of acting as a principal or in ensuring the accuracy of trade confirmations that reflected its principal trading capacity.
Looking more broadly at the supervisory system and its functions within the international banking system, I would like to conclude by discussing a few general points that are raised by this case.
It also found that the firm's supervisory system wasn't up to the task of compliance with regard to the reporting of correct short sale modifiers to the FNTRF.
A new PC-based supervisory system that integrates line-wide process control and web-thickness gauging can simplify the task of meeting quality standards for high-specification products like flexible medical packaging.
The National Tax and Customs Office has established the Pnzgyorsg Supervisory System (PFR) to perform its tasks related to online cash registers.
Its supervisory system also failed, according to FINRA, to ensure that it disclosed reportable unsatisfied liens and judgments of registered representatives on Forms U4, when a garnishment notice was sent to the firm, or to make sure its payroll department notified compliance or supervisory personnel to determine if the garnishment involved a reportable event, or that compliance or supervisory personnel acted appropriately to consider garnishments and disclose reportable events as necessary.
The US regulator said that the brokerage failed to have an adequate supervisory system to monitor potential misconduct.
"There will not be a true global resolution to this crisis without a strong European regulatory and supervisory system," he said.
On the compounding side, Berstorff Corp.'s ECS Div., Charlotte, N.C., which focuses on controls, showed a supervisory system capable of bringing audio and visual signals from the shop floor to the q-c lab--or front office.
We study the structure of the supervisory system; how it applies to the particular bank applicant; the extent of the information on the operations of the bank and its dealings with affiliates that are available to the supervisors, including the nature and frequency of reporting by the bank to its supervisors; whether there are audits required of or commissioned by the bank; the nature and scope of any examinations or inspections by the supervisors; the supervisory practices of the authorities with respect to the bank's operations; and any enforcement authority the supervisor may have.

Full browser ?