independence requirement vs independency requirement

The correct phrase is 'independence requirement.' 'Independence requirement' is a commonly used term in various fields to refer to the condition of being independent or free from outside control.

Last updated: March 29, 2024 • 663 views

This phrase is correct and commonly used in various fields.

"independence requirement"

The term 'independence requirement' is used to describe a condition or rule that demands independence or freedom from external influence or control.

Show examples from the web [+]

The reference in Article 107 to the tasks and duties of the ESCB implies that the independence requirement refers to all ESCB-related tasks.
The independence requirement should at least be fulfilled during the period covered by the audit report, including both the period covered by the financial statements to be audited and the period during which the statutory audit is carried out.
Your rapporteur considers that the independence requirements imposed must not lead to unnecessary administrative burdens, particularly for SMEs.
with applicable auditing standards and independence requirements
Therefore, it is sufficient if the independence requirements are met by the individual auditor and other persons who may be in a position to exert influence on the statutory audit.
The majority of the national central banks do not yet meet the independence requirements, and far too little progress is being made here.
Member States shall make publicly available the rules and procedures covering the organisation, tasks and requirements, including the independence requirements applicable to the personnel of a supervising body.
Has the government documented independence requirements for the third-party monitor (TPM)?
Member States may set up regulatory bodies which are competent for several regulated sectors, if these integrated regulatory authorities fulfil the independence requirements set out in paragraph 1.
the auditing standards and independence requirements which have been applied to the audit concerned;
Can the Commission confirm whether or not the independence requirements of Article 22 are satisfied in cases where a statutory auditor appointed under Article 51 of Directive 78/660/EEC OJ L 222, 14.8.1978, p.
Independence is a requirement because of the NCBs» and their Governors» involvement in the functioning of the Eurosystem.
The Reconciliation Commission established by the government does not meet basic requirements for independence.
In addition, there are more stringent requirements for independence, quality assurance, public oversight, and appointment of the statutory auditor or audit firm.
As noted on many occasions by both the Council and the Commission, the ESS operates efficiently and satisfies the requirements of independence, integrity and accountability.
As a Member of the European Court of Auditors (ECA) I would be fulfilling the requirement of independence primarily by avoiding (by not entering into) situations which might compromise my independence.
Finally, as a member of the 'auditing profession', I am aware that the codes of ethics of INTOSAI and IFAC include highly specific and binding requirements concerning independence which all auditors at the Court of Auditors, including its members, must abide by.
Coming as I do from an institution whose members have the status of judges, I am particularly sensitive to the requirement of independence that the Treaty imposes on the Members of the European Court of Auditors.
The Mexican framework with regard to corporate governance requires CRAs to have a board of directors, consisting of maximum 21 directors and of which at least 25 % shall meet the requirements of independence.
The external experts must fulfil the same requirements of independence and comply with the same duty of cooperation provided for in Article 6 as the members of the Board of Auditors.

This phrase is incorrect in standard English usage.

"independency requirement"

Show examples from the web [+]

Where the risk assessment for a significant change is not to be mutually recognised, the proposer shall appoint an assessment body meeting at least the competency, independency and impartiality requirements of Annex II.

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independence requirement vs independency requirement