Examples of Eurosystem central bank in a sentence
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.
The MDA will use Research, Development, Test & Evaluation funding for this requirement.
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.
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.
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.
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.
A counterparty of a Eurosystem central bank can transfer any excess liquidity on a daily basis from the current account to the deposit facility and, thus, get the remuneration rate of the deposit facility on their excess reserves.
Any Eurosystem central bank that becomes an ERMS provider or that terminates its status as an ERMS provider shall inform the ECB accordingly.
Subject to any specific provisions applicable to, or agreed upon by a Eurosystem central bank, each Eurosystem central bank providing Eurosystem reserve management services or any part thereof to its customers, shall be liable for any such services that it provides.
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.