TIPS Platform definition
Examples of TIPS Platform in a sentence
Nevertheless, to keep the necessary flexibility, exemptions to these principles can be granted by Central Banks if duly justified.The technical set-up of the SSP and/or the TIPS Platform and/or the T2S Platform and/or the PHA can change following yearly releases, emergency changes and “hot fixes” (e.g. bug fixing).
The TIPS DCA can be managed: (i) through the TIPS Platform in U2A, A2A or both; or/and (ii) through the TARGET2 liquidity management features for TIPS.7) Central Banks are responsible for the business relationship with their TIPS DCA holders and should address all incidents, enquiries or problems raised by them.
The [insert name of CB] shall charge Linked PM account holders for any further instant payment orders and positive recall answers received by the TIPS Platform by the end of 2019, in the following year.
Up to the first ten million instant payment orders and positive recall answers, cumulatively, received by the TIPS Platform by the end of 2019, shall be free of charge.
M6 The tasks assigned to the Governing Council (Level 1), a Level 2 technical and operational management body and the SSP-providing NCBs and TIPS Platform- providing NCBs (Level 3) are laid down in Annex I.
The TIPS Platform (anonymous/discrete reporting) has been a very positive addition to our continuing school climate and safety responses.
TARGET2 users are responsible for the monitoring of their daily activities carried out in the SSP and/or the TIPS Platform and/or the T2S Platform.
The TIPS Platform attaches its timestamp for the processing of payment orders in the sequence of their receipt.2. All payment orders submitted to the TARGET2 BE shall be processed on a first in-first out basis without prioritisation or reordering.3. After an instant payment order has been accepted as set out in Article 17, the TARGET2 BE shall check if sufficient funds are available on the payer’s TIPS DCA.
Implementation and migration — Deciding on the migration strategy— Preparing and coordinating migration to the SSP and the TIPS Platform, in close cooperation with Level 3— Providing input on migration issues in accordance with Level 2 requests— Performing SSP- and TIPS Platform-re lated migration work; additional sup port for joining NCBs7.
General provisions Level 1 has final competence in relation to domestic and cross-border TARGET2 issues and is responsible for safeguarding the public function of TARGET2Level 2 conducts technical and opera tional management tasks in relation to TARGET2.Level 3 takes decisions on the daily run ning of the Single Shared Platform (SSP) and the TIPS Platform on the basis of the service levels defined in the agreements re ferred to in Article 7(6) of this Guideline1.