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The Lloyd's of London insurance market uses ACORD standards for messaging between counterparties. [6] Lloyd's Core Data Record, an attempt to standardized data exchange, is based on ACORD standards. [7] In 2018, ACORD partnered with DataPro on the production of new software that would streamline the implementation of insurance data standards.
An indication of interest (IOI), sometimes expression of interest (EOI), is an expression in finance that demonstrates a buyer's non-binding interest in buying a security in the stock market, often before it is available for purchase. [1]
An end of interrupt (EOI) is a computing signal sent to a programmable interrupt controller (PIC) to indicate the completion of interrupt processing for a given interrupt. Interrupts are used to facilitate hardware signals sent to the processor that temporarily stop a running program and allow a special program, an interrupt handler, to run ...
The Basel Accords [a] refer to the banking supervision accords (recommendations on banking regulations) issued by the Basel Committee on Banking Supervision (BCBS). [1]Basel I was developed through deliberations among central bankers from major countries.
Relevant documents may be executed via hard copy or electronically (in jurisdictions where electronic execution is legal). Applications may be made electronically, as well as in physical form. An agent of record letter can, in some cases, be used as an insurance sales tool, though some question its legality. [2]
An Economic Operators Registration and Identification number (EORI number) is a European Union registration and identification number for businesses which undertake the import or export of goods into or out of the EU.
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