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;

T2S services means the services to be provided by the Eurosystem to CSDs on the basis of the Framework Agreement;

T2S services means T2S services as defined in Article 2, point (20), of Guideline ECB/2012/13 of the European Central Bank8.

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.

• The nurses at the school will do a brief tour and orientation at the site if needed.

• 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".

• 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.

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

• Alternatively, adding organization culture as a characteristic for behavioral change as per Wiley (2003,18), behavioral change is a prelude to structural change.

• 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.

• The group of any additional data depends on whether our client uses T2S services directly, indirectly or not at all.

• 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;