European Union Transaction Log definition

European Union Transaction Log or “EUTL” means the independent transaction log provided for in Article 20(1) of the Directive, for the purpose of recording the issue, transfer and cancellation of allowances under the Scheme and established, operated and maintained pursuant to Article 4 of the Registry Regulations.
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Examples of European Union Transaction Log in a sentence

  • To operationalise the link between the EU ETS and the ETS of Switzerland, a direct link between the European Union Transaction Log (EUTL) of the Union registry and the Swiss Supplementary Transaction Log (SSTL) of the Swiss registry shall be established, which will enable the registry-to-registry transfer of emission allowances issued under either ETS.

  • To operationalise the link between the EU ETS and the ETS of Switzerland, a direct link between the European Union Transaction Log (EUTL) of the Union Registry and the Swiss Supplementary Transaction Log (SSTL) of the Swiss registry will be established, which will enable the registry-to-registry transfer of emission allowances issued under either ETS (Article 3(2) of the Agreement).

  • To operationalise the link between the EU ETS and the ETS of Switzerland, a direct link between the European Union Transaction Log (EUTL) of the Union Registry and the Swiss Supplementary Transaction Log (SSTL) of the Swiss registry shall be established, which will enable the registry-to- registry transfer of emission allowances issued under either ETS (Article 3(2) of the Agreement).

  • The LTS shall describe the detailed requirements for establishing a robust and secure connection between the Swiss Supplementary Transaction Lot (SSTL) and the European Union Transaction Log (EUTL).

  • To operationalise the link between the EU ETS and the ETS of Switzerland, a direct link between the European Union Transaction Log (EUTL) of the Union Registry and the Swiss Supplementary Transaction Log (SSTL) of the Swiss registry shall be established, which will enable the registry-to-registry transfer of emission allowances issued under either ETS (Article 3(2) of the Agreement).

  • Pursuant to Article 3(6) of the Agreement, the Swiss registry administrator and the Union central administrator shall determine common operational procedures (COP) related to technical or other matters necessary for the operation of the link between the European Union Transaction Log (EUTL) of the Union Registry and the Swiss Supplementary Transaction Log (SSTL) of the Swiss registry and taking into account the priorities of domestic legislation.

  • Thus, we expect a negative relationship between the EUA bank and observed convenience yields.Data on allowance banking behavior are available in the European Union Transaction Log (EUTL) and comprise installation-level information on free allocations, verified emissions and surrenders of both EUAs and Kyoto offsets against emissions (Zaklan et al., 2014).

  • The LTS shall specify that the communications between the Swiss Supplementary Transaction Log (SSTL) and the European Union Transaction Log (EUTL) consist in secure exchanges of Simple Object Access Protocol (SOAP) messages based on the following technologies1:• Web services using SOAP;• Hardware-based Virtual Private Network (VPN);• XML (Extensible Markup Language);• Digital signature; and• Network time protocols.

  • The National Administrator is required to disclose certain parts of the information in the European Union Transaction Log: https://ec.europa.eu/clima/ets/.The information provided to the National Administrator shall be subject to the data processing required by the Registry, and is accordance with the Commission Regulation (EU) No 2019/1122 of 12 March 2019.

  • The Union Registry and the European Union Transaction Log (EUTL) track the ownership of general and aviation allowances by recording the amounts owned in the accounts and the transactions between accounts.

Related to European Union Transaction Log

  • Treaty on European Union means the Treaty of Rome of March 25, 1957, as amended by the Single Xxxxxxxx Xxx 0000 and the Maastricht Treaty (which was signed at Maastricht on February 1, 1992 and came into force on November 1, 1993), as amended from time to time.

  • 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.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • European Community means the territory comprised by the Member States of the European Community as constituted from time to time;

  • parent financial holding company in a Member State means a financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;

  • Member States means the Kingdom of Belgium, the Republic of Bulgaria, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic Republic, the Kingdom of Spain, the French Republic, the Republic of Croatia, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, Romania, the Republic of Slovenia, the Slovak Republic, the Republic of Finland and the Kingdom of Sweden;

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

  • 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.

  • Participating Member States means the member states of the European Communities that adopt or have adopted the euro as their lawful currency in accordance with the legislation of the European Union relating to European Monetary Union.

  • home Member State means either of the following:

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • EU Member State means a member state of the EU;

  • Member State means a member state of the European Union.

  • National Currency Unit means the unit of the currency of a country as those units are defined on the day before the start of the third stage of European Economic and Monetary Union pursuant to the Treaty or, in connection with the expansion of such third stage, to any country which has not initially participated in such third stage; and

  • European Economic Area means the member nations of the European Economic Area pursuant to the Oporto Agreement on the European Economic Area dated May 2, 1992, as amended.

  • Major European Country means any of France, Germany, Italy, Spain or the United Kingdom.

  • Nonmember state means a state that has not enacted this compact.

  • EU means the European Union.

  • Participating Member State means any member state of the European Union that has the Euro as its lawful currency in accordance with legislation of the European Union relating to Economic and Monetary Union.

  • Major European Countries means France, Germany, Italy, Spain and the United Kingdom.

  • Foreign Government Scheme or Arrangement has the meaning specified in Section 5.12(d).

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • 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;

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.

  • Separation Transactions means the Contribution, the Distribution and the other transactions contemplated by this Agreement and the Separation Step Plan.