Settlement Organization definition

Settlement Organization means an organization performing cash settlement of trades upon their clearing. The list of Settlement Organizations is available on NSD’s official web site at www.nsd.ru.
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Settlement Organization means an organization that settles transactions with financial instruments under orders from a clearing house and (or) the stock exchange’s document that confirms the transaction execution, and (or) another document accepted by the settlement organization as a ground for settlements in accordance with its rules. Third-party entities mean Custodian, Counterpart, Nominal Holder, and Settlement Organization. Transactions with the Central counterparty mean the sales and repo transactions with financial instruments whereby the Exchange makes the clearing business acting as a central counterparty in a stock market.
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Examples of Settlement Organization in a sentence

  • Each Settlement Day before the Trading starts, the Clearing House forwards to the Settlement Organization the request for extracts in respect of trading banking accounts, in response to which the Settlement Organization transfers to the Clearing House the extract in respect of trading banking accounts.

  • CAVALI was authorized to act as a Securities Clearing and Settlement Organization by means of Resolution CONASEV1 No 358-97-EF/94.10.

  • When receiving from the Settlement Organization of the notification on suspension or termination of participation of a Clearing Member / client of a Clearing Member in the payment system of the Settlement Organization, the Clearing House stops executing operations under trading banking accounts of such Clearing Member / client of a Clearing Member from the workday following the day of receipt from the Settlement Organization of the defined notification.

  • Payment and Settlement Organization, branch office of Payment and Settlement Organization, manager of Payment and Settlement Organization are required to comply with the requirements laid down in paragraph 27 (b), paragraphs 43 and 162 of this Regulation, within 6 months after this Resolution enters into force.(paragraph 191 edited under CBA Board Resolution No. 256-N, dated 07.10.2014) 192.

  • Atameken TOP 10 Universities in Accounting and Audit educational programme * Exchange rate is 440,06 EUR/KZT In the framework of external evaluation at the institutional level, the University joined CEEMAN (International Association for Management Development in Dynamic Societies, 2016-2022), QS EECA Rankings, Times Higher Education Impact Rankings, GREENMETRICS, as well as various programme professional accreditations for specific EP, for instance ACCA and CIMA for the Ac- counting and Auditing EP.

  • To open branch offices, Payment and Settlement Organization shall be required to present them to the Central Bank so that the latter is able to keep records thereof.

  • The effect of activity license issued to Payment and Settlement Organization shall be suspended on a basis of article 27 (1) “d” and (7) of the Law.

  • 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.

  • Where activity license is suspended on the basis of article 27 (7) of the Law, the application of Payment and Settlement Organization shall be considered within one month after its receipt.

  • Where an activity license becomes unfit (damaged, torn, illegible, etc.) for use or it is destructed or lost, Payment and Settlement Organization shall apply to the Central Bank for receiving a duplicate of the license as well as placing information about the loss of the license on the Internet website of the Central Bank.

Related to Settlement Organization

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Parent organization means the entity named in Item I. of the Policy Declarations.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Student organization means a group, club or organization having students as its primary members or participants. It includes grade levels, classes, teams, activities or particular school events. A student organization does not have to be an official school organization to come within the terms of this definition.

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Stewardship organization means an organization, association, or

  • Tribal organization means the elected governing body of any Indian tribe or any legally established organization of Indians that is controlled by one or more such bodies or by a board of directors elected or selected by one or more such bodies (or elected by the Indian population to be served by such organization) and that includes the maximum participation of Indians in all phases of its activities; and

  • Review organization means a disability insurer regulated

  • Constituent organization means an organization that is party to a merger.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Financial organization means any bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, savings and loan association, credit union, cooperative bank, small loan company, sales finance company, investment company, or any type of insurance company.

  • Fraternal organization means an organization, except a school fraternity, which is a

  • Educational organization means a nonprofit public or private elementary or

  • international organization shall have the meanings set forth in Section 7701 of the Code or successor provisions.

  • Lead organization means a trade organization, labor organization or other incorporated entity representing a group of businesses that is the applicant for a business network project.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Arbitration organization means an association, agency, board, commission, or other entity that is neutral and initiates, sponsors, or administers an arbitration proceeding or is involved in the appointment of an arbitrator.

  • Health care organization ’ means any person or en-

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Supervised financial organization means a person, other than an insurance company or other organization primarily engaged in an insurance business:

  • Provider Organization means a group practice, facility, or organization that is:

  • Banking organization means a bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, or any organization defined by law as a bank or banking organization.

  • Religious organization means a church, ecclesiastical corporation, or group, not organized for pecuniary profit, that gathers for mutual support and edification in piety or worship of a supreme deity.

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.