T2S services definition

T2S services means the services to be provided by the Euro­ system to CSDs and central banks on the basis of the contractual arrangements entered into between the Eurosystem and CSDs, non-euro area NCBs or other central banks;
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T2S services means the services to be provided by the Eurosystem to CSDs on the basis of the Framework Agreement,
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T2S services means T2S services as defined in Article 2, point (20), of Guideline ECB/2012/13 of the European Central Bank8.
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Examples of T2S services in a sentence

  • The contractual arrangement between the T2S DCA holder and the PM account holder are their own responsibility.• The main PM account holder is responsible for the fees for the T2S services provided to the linked T2S DCAs as well as for the penalty fee in case of collateral relocation.• T2S DCAs cannot have a negative balance at any point (except for the Central Bank’s T2S DCA).

  • The related detailed settlement rules can be found in KELER’s Depository Announcement on T2S services.

  • As this is done using two transactions (DFP and RFP), however, two ECB third-party fees apply – see "Third- party fees (ECB) for T2S services".

  • T2S services are provided by the Eurosystem based on the T2S Platform, which has been built and is operated by the 4CB: Deutsche Bundesbank, the Banque de France, the Banca d’Italia and Banco de España.T2S provides harmonised and commoditized securities settlement to Central Securities Depositories (CSDs) at national level and across national borders.

  • The aim of the T2-T2S Consolidation project is to consolidate and optimise the provision of the TARGET2 and T2S services and to address the increasing demand for having an effective facility for the provision of liquidity to existing and future Eurosystem payment and settlement services.

  • T2S services are provided by the Eurosystem based on the T2S platform, which has been built and is operated by the 4CB: Deutsche Bundesbank, the Banque de France, the Banca d’Italia and Banco de España.T2S provides harmonised and commoditized securities settlement to Central Securities Depositories (CSDs) at national level and across national borders.

  • Applicable settlement rules can be found in KELER’s Depository Announcement on T2S services.

  • RESPONSIBILITIES OF THE T2S BOARDWithout prejudice to the ultimate decision-making power of the European Central Bank’s (ECB’s) Governing Council, the Governing Council has entrusted the T2S Board with the performance of clearly defined tasks related to the T2S Programme and the provision of T2S services.

  • Admin users previously set up for the TIPS or T2S services can operate in CLM and RTGS without any changes to the configuration apart from the granting of the relevant access rights (Roles) by the NCB.

  • The President of the ECBMario DRAGHI ANNEX I T2S BOARD MANDATEINTRODUCTIONIn line with the Treaty on the Functioning of the European Union and the Statute of the European System of Central Banks and of the European Central Bank, the Eurosystem will offer T2S services to central securities depositories (CSDs) in Europe.


More Definitions of T2S services

T2S services means the services to be provided by the Eurosystem central banks to CSDs and central banks;
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Related to T2S services

  • SaaS Services means software as a service consisting of system administration, system management, and system monitoring activities that Tyler performs for the Tyler Software, and includes the right to access and use the Tyler Software, receive maintenance and support on the Tyler Software, including Downtime resolution under the terms of the SLA, and Data storage and archiving. SaaS Services do not include support of an operating system or hardware, support outside of our normal business hours, or training, consulting or other professional services.

  • Products/Services means the goods/benefits/facilities offered by the Alliance Partner.

  • Goods/Services means the goods and/or services detailed in the Purchase Order issued by Versuni Supplier; “Intellectual Property Rights” (or “IPR”) means all intellectual property rights of any nature applied for or existing anywhere in the world for their full term and together with any revivals, renewals or extensions. “Purchase Order” means the Versuni purchase order issued by Versuni to procure Goods/Services from the Supplier, to which these conditions are attached by reference;;

  • Wireless services means any services, provided using licensed or unlicensed spectrum, including the use of Wi-Fi, whether at a fixed location or mobile.

  • Access Services refers to interstate and intrastate switched access and private line transport services.

  • Hospice services means symptom and pain management to a terminally ill individual, and emotional, spiritual and bereavement services for the individual and their family in a place of temporary or permanent residence, and may include the provision of home health and home care services for the terminally ill individual.

  • Cloud Services means SAP’s then-current cloud services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Beta Services means Xxxxxx services or functionality that may be made available to Customer to try at its option at no additional charge which is clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation, or by a similar description.

  • Respite services means a temporary period of relief and support for individuals and their families provided in a variety of settings. The intent is to provide a safe environment with staff assistance for individuals who lack an adequate support system to address current issues related to a disability. Respite may be provided for a defined period of time; respite is either planned or provided in response to a crisis.

  • Professional sports services contract means an agreement under which an individual is employed, or agrees to render services, as a player on a professional sports team, with a professional sports organization, or as a professional athlete.

  • Communications services means any service provided for the purpose of transmission of information including, but not limited to, voice, video, or data, without regard to the transmission protocol employed, whether or not the transmission medium is owned by the provider itself and whether or not the transmission medium is wireline. Communications service includes all forms of telephone services and voice, video, data or information transport, but does not include: (1) cable service; (2) open video system service, as defined in 47 C.F.R. 76; (3) private communications system services provided without using the public rights of way or private communications system services that use the public rights of way without imposing any additional burden on the public rights of way; (4) over-the-air radio or television broadcasting to the public-at-large from facilities licensed by the Federal Communications Commission or any successor thereto; and (5) direct-to-home satellite service within the meaning of Section 602 of the Telecommunications Act.

  • Wireless services provider means a person who provides wireless services.

  • Network Services means the equipment, software, and services necessary to transmit voice, data, or video.

  • Telecommunications Services means the offering of Telecommunications for a fee directly to the public, or to such classes of users as to be effectively available directly to the public, regardless of the facilities used.

  • Personal wireless services means commercial mobile services, unlicensed wireless services, and common carrier wireless exchange access services, as defined by federal laws and regulations.

  • Online Services means Microsoft-hosted services to which Customer subscribes under this Agreement. It does not include software and services provided under separate license terms.

  • Core Services means the services described in the Main Agreement that BNYM is obligated to perform for Company (for clarification: excluding the products and services provided pursuant to this Schedule C).

  • Education Services means training services performed or delivered by Company.

  • Extra Services means those services set forth in Schedule “B” that are requested by the Municipality for itself or on behalf of its citizens and provided by the Company in accordance with paragraph 7 of this Agreement;

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • Mobile Services means the mobile telecommunications service which we provide you under Part D and as specified in your Application.

  • Optional Services means services that a USF Service Provider is authorized but not required to provide pursuant to the USF Services and Subsidy Agreement and any Licences held by a USF Service Provider;

  • Voice Services means the telecommunications services to be provided to you under Part A and as specified in your Application.

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Special Services means all forms of services pertaining

  • Wireless service provider means a person that provides wireless service to the public.