Examples of Settlement Organization in a sentence
Settlements are made in a Central Securities Depository or in any other relevant Securities Settlement Organization designated by the Member and recognized by Nasdaq Nordic.
After transferring cash funds to the clearing banking account of the Clearing House, registered in the Settlement Organization, and recording it as assets, posted into an asset pool, the Clearing House obtains an obligation to return assets from an asset pool to a Clearing Member.
The suspension of the activity license on the basis of a relevant application of Payment and Settlement Organization shall be deemed phased out on the day following the expiration of suspension of the activity license as determined under the decision of the Central Bank.
Bailey, Past and Present of Winneshiek County Iowa: A Record of Settlement, Organization, Progress and Achievementvol.
The Central Bank shall grant consent or decline granting consent to the competent management authority’s decision about introducing supplement or change the rules of procedure of operation of Payment and Settlement Organization within 15 business days after such decision shall have been communicated to the Central Bank.
In case the Central Bank rejects recordkeeping of the branch office, it shall communicate a relevant board decision to Payment and Settlement Organization.
The Central Bank shall grant an activity license to Payment and Settlement Organization within a 3-day period after having taken a decision on granting the license, pursuant to Appendix 6.
To establish a branch office in a foreign country, Payment and Settlement Organization shall seek the consent of the Central Bank while presenting the documents as provided for under paragraph 101 (subparagraphs 1-4) of this Regulation.
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Payment and Settlement Organization shall make sure that execution, recordkeeping and storage of data of its current or day-to-day operations are provided through the “Operational Day” program, which shall be available at least at the head-office.