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.