separation requirement
[/ˌsepəˈreɪʃən rɪˈkwaɪrmənt/]
nounpl: separation requirements
requisito de separação
1. A legal or regulatory requirement that mandates the division or isolation of certain elements, entities, or processes to ensure compliance, safety, or operational integrity
The separation requirement between investment banking and commercial banking was established by the Glass-Steagall Act.
O requisito de separação entre a atividade de banco de investimento e banco comercial foi estabelecido pela Lei Glass-Steagall.
2. In employment law, a condition that employees must satisfy before being eligible to receive certain benefits or compensation upon termination
The separation requirement states that employees must work for a minimum of two years before vesting in the pension plan.
O requisito de separação estipula que os funcionários devem trabalhar por um mínimo de dois anos antes de adquirir direitos sobre o plano de pensão.
3. In civil or family law, the mandatory legal procedures and waiting periods required before a divorce can be finalized
Many jurisdictions have a separation requirement of six months before divorce proceedings can commence.
Muitas jurisdições têm um requisito de separação de seis meses antes que os procedimentos de divórcio possam ser iniciados.
The concept of 'separation requirement' is particularly significant in both Brazilian and American legal systems, especially in financial regulation (following models like Glass-Steagall in the USA) and family law. In Brazil, separation requirements in divorce law reflect the country's historical progression from mandatory separation periods to more flexible family law provisions. In the USA, separation requirements are deeply rooted in regulatory frameworks designed to prevent conflicts of interest and systemic financial risks.
Related Idioms & Phrases
meet the separation requirement
satisfy the separation requirement
impose a separation requirement
waive the separation requirement
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