Примери за използване на Clearing members на Английски и техните преводи на Български
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Treatment of clearing members' exposures to CCPs.
A CCP further shall use its own dedicated financial resources before using the default fund contributions of non-defaulting clearing members.
(b) the involvement of clearing members or other parties in the tests;
Clearing members of the same markets, where responsibility for ensuring the performance of contracts.
Entered into by such firms is assumed by clearing members of the same markets.
Clearing members and clients shall be permitted to control the risks related to the clearing services offered.
The regulation applies to CCPs and their clearing members, to financial counterparties and TRs.
(z) a Tier 2 CCP infringes Article 36(1) by not acting fairly andprofessionally in accordance with the best interests of its clearing members and their clients;
The Commission shall consider the efforts made by PSAs,CCPs and clearing members when drafting its reports pursuant to the first subparagraph of Article 85(2).”;
Introducing brokers are full service firms which execute the buy andsell orders through the large well-known financial houses which are clearing members of the Exchange.
DFCM= the sum of pre-funded contributions of all clearing members of the QCCP communicated to the institution by the QCCP in accordance with Article 50c of Regulation(EU) No 648/2012.
The circumstances which constitute or may give rise to a conflict of interest entailing a material risk of damage to the interests of one or more clearing members or clients;
(ee) a Tier 2 CCP infringes Article 38(1)by not allowing the clients of its clearing members separate access to the specific services provided;
(p) a Tier 2 CCP infringes Article 45(4)by not using dedicated own resources before using the default fund contributions of non-defaulting clearing members;
A CCP established in a third country can only provide clearing services to clearing members or trading venues established in the EU where that CCP is recognised by ESMA.
Therefore the primary rules on margin requirements can be considered equivalent to Union law in so far as they relate to the positions of clients of clearing members.
CCPs established in third countries may provide clearing services to clearing members or trading venues established in the Union only where that CCP is recognised by ESMA.
Clearing members and clients which provide clearing services, whether directly or indirectly, shall provide those services under fair, reasonable and non-discriminatory commercial terms.
Third-country CCPs have been recognised under the equivalence provisions of that Regulation,allowing them also to offer their services to clearing members and trading venues established in the Union48.
CCPs and clearing members shall publicly disclose the levels of protection and the costs associated with the different levels of segregation that they provide and shall offer those services on reasonable commercial terms.
(c) where a CCP uses initial margin to mutualise losses among its clearing members, institutions acting as clearing members shall treat that initial margin as a default fund contribution.ˮ.
The mechanism for prompt notification to ESMA by a third-country competent authority where a CCP it is supervising has been granted the right to provide clearing services to clearing members or clients established in the Union;
PSAs, CCPs and clearing members shall make their best efforts to contribute to the development of technical solutions that facilitate the clearing of such OTC derivative contracts by PSAs.
(cc) a Tier 2 CCP infringes Article 37(4) by failing to have objective and transparent procedures for the suspension andthe orderly exit of clearing members that no longer meet the criteria referred to in Article 37(1);
CCPs, clearing members and pension scheme arrangements shall make their best efforts to contribute to the development of viable technical solutions that facilitate the clearing of OTC derivative contracts by such arrangements.
It shall also investigate how those new provisions have affected the competition between trade repositories and whether and to what extent they have resulted in a less competitive environment andless freedom of choice for clearing members and their clients.”;
The competent authorities responsible for the supervision of the clearing members of the CCP that are established in the three Member States with the largest contributions to the default fund of the CCP referred to in Article 42 on an aggregate basis over a one-year period;
ØAs regards cleared derivatives, it appears that there might be risks to financial stability in a no deal scenario,deriving from a disorderly close out of positions of EU clearing members in the UK central counterparties.
Conversely, in the case of initial margins collected with respect to the positions of clients of clearing members, the primary rules require margin to be collected on a gross basis for all classes of derivative contracts, whereas Union law has no such requirement.
Regarding cleared derivatives, the Commission recognises that there might be risks to financial stability in a no-deal scenario,deriving from a disorderly close out of EU clearing members' positions in UK central counterparties.