Securities Maintaining Entity definition

Securities Maintaining Entity or “SME” means a CSD that has been assigned the responsibility for maintaining the Static data for a security in T2S;
Sample 1Sample 2Sample 3

Examples of Securities Maintaining Entity in a sentence

  • To better understand the issues involved, the following definitions in T2S should be kept in mind:3 The Minimum Settlement Unit, the Settlement Unit Multiple and the Deviating Settlement Unit are defined for each security in T2S Static data by the Securities Maintaining Entity (SME) for that security, which is usually the Issuer CSD, or in case the Issuer CSD for that security is not part of T2S, the so-called technical Issuer CSD for the respective security in T2S.

  • MT is responsible for the setting up and maintaining the securities in T2S when:• it is the issuer CSD of the security;• it is the Securities Maintaining Entity (SME), i.e., the single CSD within T2S in charge of creating and maintaining the data for a foreign security issued outside T2S.All Securities currently managed by Monte Titoli, and eligible in T2S, will be migrated in the new settlement system.

  • However, in T2S it is expected that the number of cross-CSD transactions becomes higher and therefore, the number of cases will increase significantly when neither of the two CSD participants to a securities transfer will have a direct relationship with the Securities Maintaining Entity (i.e. in most cases the Issuer CSD).

  • The gold was delivered into a mix of spot prices and forward hedging contracts.

  • Euronext Securities Porto acts in the T2S context as Securities Maintaining Entity (SME) the entity responsible for maintaining the information about all securities integrated primarily (as Issuer CSD) in its systems.

  • Each financial instrument contains a flag in its static data indicating whether the instrument is a T2S eligible instrument or not.For each T2S eligible financial instrument, there is a single CSD which is in charge of creating and maintaining the data for that instrument in T2S by taking the role of Securities Maintaining Entity (SME).

  • Tomorrow, in T2S this issue may become even more evident and difficult to manage due to increased cross-border activity and the more restrictive nature of validations with respect to MSU and SUM in T2S.This is because before T2S, when the majority of settlements are intra-CSD, at least one of the CSD participants to a securities transfer would normally have a direct relationship with the CSD, which acts as a Securities Maintaining Entity (SME) for the respective security.

Related to Securities Maintaining Entity

  • Managing entity means the managing agent or, if there is no managing agent, the time-share

  • Cooperating country national (“CCN”) means an individual who is a cooperating country citizen or a non-cooperating country citizen lawfully admitted for permanent residence in the cooperating country.

  • Appraisal management company means, in connection with valuing properties collateralizing mortgage loans or mortgages incorporated into a securitization, any external third party that oversees a network or panel of more than fifteen certified or licensed appraisers in this state or twenty-five or more nationally within a given year, that is authorized either by a creditor of a consumer credit transaction secured by a consumer's principal dwelling or by an underwriter or other principal in the secondary mortgage markets that engages in appraisal management services.

  • Regional health planning agency means the regional agency, including the regional health planning

  • Securities System means the Federal Reserve Book-Entry System, a clearing agency which acts as a Securities Depository, or another book entry system for the central handling of securities (including an Eligible Securities Depository).

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Supervising entity means a business entity that is a

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Lead planning agency means one or more public entities having stormwater management planning authority designated by the regional stormwater management planning committee pursuant to N.J.A.C. 7:8-3.2, that serves as the primary representative of the committee.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Sponsored captive insurance company means a captive insurance company:

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • National Register of Historic Places means the list of districts, sites, buildings, structures and objects significant in American history, architecture, archaeology, engineering and culture, authorized by the National Historic Preservation Act of 1966, as amended, and administered by the U.S. Department of the Interior, National Park Service. The list of Properties on the National Register of Historic Places in Florida is available from the Division.

  • Stormwater management planning agency means a public body authorized by legislation to prepare stormwater management plans.

  • State historic preservation officer means the governor’s appointee who is responsible for the management of the historic preservation program of the state and compliance of the state historic preservation program with federal statutes and regulations of the National Park Service.

  • International Register means the official collection of data concerning international registrations maintained by the International Bureau, which data the Agreement, the Protocol or the Regulations require or permit to be recorded, irrespective of the medium in which such data are stored;

  • Community Accountability Planning Submission means the HSP Board approved planning document submitted by the HSP to the Funder. The form, content and scheduling of the Planning Submission will be identified by the Funder;

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • UCITS management company means a management company as defined in Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)1;

  • International registration plan means a reciprocal agreement of member jurisdictions that is endorsed by the American association of motor vehicle administrators, and that promotes and encourages the fullest possible use of the highway system by authorizing apportioned registration of fleets of vehicles and recognizing registration of vehicles apportioned in member jurisdictions.

  • Regional Manager means regional executive director of the Ministry or except for Section 2.1.1(1)(a), regional executive director’s designate;

  • Municipal Planning Tribunal means the Municipal Planning Tribunal for the municipal area established in terms of section 33, the joint Municipal Planning Tribunal established in terms of section 45 or the District Municipal Planning Tribunal established in terms of section 49;

  • Investment Facilitators/Advisors means an individual, firm, corporate or other entity appointed by the Management Company to identify, solicit and assist investors in investing in the Scheme. The investment facilitator/advisor is not authorized to perform the Distribution Functions. The Management Company shall compensate the Investment Facilitators.

  • Securities Depositories means DTC; and, in accordance with then current guidelines of the Securities and Exchange Commission, such other addresses and/or such other securities depositories as the District may designate in a Written Request of the District delivered to the Paying Agent.