Eurosystem central bank definition

Eurosystem central bank means the ECB and the national central banks of the Member States whose currency is the euro;
Eurosystem central bank means either a euro area NCB or the ECB, as the case may be;
Eurosystem central bank means either the European Central Bank (ECB) or a national central bank of a Member State whose currency is the euro;

Examples of Eurosystem central bank in a sentence

  • It is important to note that some Eurosystem central bank governors have been important figures in the ESRB’s Safe Asset Working Group.for the underlying (sovereign) collateral.

  • When providing Eurosystem reserve management services to customers, irrespective of the Eurosystem central bank through which such services are provided, the Eurosystem should act as a single system.

  • For the purposes of this Article, ‘domestic central bank’ means any of the following: (a) any Eurosystem central bank where the credit institution's home Member State has adopted the Euro as its currency; (b) the national central bank of the credit institution's home Member State where that Member State has not adopted the Euro as its currency; (c) the central bank of the third country in which the credit institution is incorporated.

  • In relation to Ireland, the contract shall be signed by the Eurosystem central bank of the Member State that has notified the securities settlement system in accordance with Article 10 of Directive 98/26/EC.

  • The contracts with CSDs and amendments thereto shall be approved by the Governing Council and subsequently signed by the Eurosystem central bank of the country where the seat of the CSD is located, or by the ECB for CSDs located outside the euro area, in either case acting in the name and on behalf of all Eurosystem central banks.

  • Each Eurosystem central bank shall act as a relying party in relation to certificates for encryption and electronic signature issued by the ESCB-PKI for other Eurosystem central banks or third party users’ certificate subscribers.

  • As a result, crypto-asset service providers must either be eligible Eurosystem counterparties, or operate through a correspondent bank with an account at the relevant Eurosystem central bank.

  • Consequently, each counterparty guarantees the credit received from a Eurosystem central bank by providing securities as collateral.

  • Subject to any specific provisions applicable to, or agreed upon by, a Eurosystem central bank, each ERMS provider shall be liable for any such services that it provides.

  • This Option shall be deemed to be exercised upon receipt by the Grantor of such fully executed Exercise Notice accompanied by the Exercise Price.


More Definitions of Eurosystem central bank

Eurosystem central bank means either an NCB of a Member State whose currency is the euro or the ECB.
Eurosystem central bank means either a euro area NCB or the ECB;
Eurosystem central bank means either an NCB of a Member State whose currency is the euro, including the providing central bank, or the ECB;

Related to Eurosystem central bank

  • Central Bank means the Central Bank of Ireland;

  • Central Bank Rules means the UCITS Regulations, Central Bank Regulations and any regulations, guidance and conditions issued by the Central Bank from time to time pursuant to the UCITS Regulations, the Central Bank Regulations and/or the Central Bank Act regarding the regulation of undertakings for collective investment in transferable securities, as such may be amended, supplemented or replaced from time to time;

  • Website of the European Central Bank means the website of the European Central Bank currently at http://www.ecb.europa.eu or any successor website officially designated by the European Central Bank.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Central Bank Regulations means the Central Bank (Supervision and Enforcement) Act 2013

  • Eurosystem means the central banking system for the Euro;

  • Central Government means the Government of India;

  • Central 1 means Central 1 Credit Union.

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Central Bank Rate has the meaning given to that term in the Reference Rate Terms.

  • Federal Reserve Bank Book-Entry System means a depository and securities transfer system operated by the Federal Reserve Bank of the United States on which are eligible to be held all United States Government direct obligation bills, notes and bonds.

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • European Union means the member nations of the European Union established by the Treaty of European Union, signed at Maastricht on February 2, 1992, which amended the Treaty of Rome establishing the European Community.

  • EUA means the Electric Utilities Act (Alberta);

  • European Monetary System means the European Monetary System established by the Resolution of December 5, 1978 of the Council of the European Communities.

  • Public school academy means a public school academy or strict discipline academy organized under the revised school code, 1976 PA 451, MCL 380.1 to 380.1852.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Clearance System means the principal domestic clearance system customarily used for settling trades with respect to the Underlying as determined by the Calculation Agent acting in accordance with relevant market practice and in good faith.

  • Central Commission means the Central Electricity Regulatory Commission referred to in sub-section (1) of section 76 of the Act;

  • Free appropriate public education means special education and related services that:

  • EU means the European Union.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • United States central authority means the Secretary of the United States Department of Health and Human Services.

  • Regulant means a licensee, certificate holder or registrant.

  • European Communities means the European Economic Community, the European Coal and Steel Community and the European Atomic Energy Community.