“nós imeachta socraíochta córais choimhdigh um ollsocraíocht fíor-ama” (Nós imeachta socraíochta AS RTGS), (Real-time gross settlement ancillary system settlement procedure” (RTGS AS settlement procedure);
‘Real-time gross settlement ancillary system settlement procedure’ (RTGS AS settlement procedure);
“nós imeachta socraíochta córais choimhdigh de Shocraíocht Íocaíochtaí Meandracha TARGET“ (Nós imeachta socraíochta AS TIPS), (TARGET Instant Payment Settlement (TIPS) ancillary system settlement procedure), (TIPS AS settlement procedure);
‘TARGET Instant Payment Settlement (TIPS) ancillary system settlement procedure’ (TIPS AS settlement procedure);
cuireann sí priacal creidmheasa socraíochta agus réamhshocraíochta san áireamh go hiomlán;
it takes due account of settlement and pre-settlement credit risk;
ciallaíonn “tréimhse shocraíochta” an tréimhse idir an dáta trádála agus an dáta socraíochta atá beartaithe;
‘settlement period’ means the time period between the trade date and the intended settlement date;
Molfaidh sé go ndéanfaí socraíocht luath ar an dáta socraíochta atá beartaithe trí bhíthin sásraí iomchuí.
It shall promote early settlement on the intended settlement date through appropriate mechanisms.
Córas socraíochta urrús a oibriú (‘seirbhís socraíochta’).
Operating a securities settlement system (‘settlement service’).
—(1) Faoi réir ailt 6 agus fo-ailt (2) den alt seo, ní bhacfaidh aon ní san Acht seo, ná ní chuirfidh ó bhail, aon tsocraíocht ná aon chomhaontú socraíochta a rinneadh nó a bheas le déanamh roimh a pósadh nó tar éis a pósta maidir le maoin mná pósta, ach ní mó an fheidhm ná an bhailíocht a bheas ag aon tsocraíocht, ná ag aon chomhaontú socraíochta, i gcoinne creidiúnaithe na mná sin ná mar bheadh ag a shamhail de shocraíocht nó de chaomhaontú socraíochta, a dhéanfadh fear, i gcoinne creidiúnaithe an fhir sin.
—(1) Subject to section 6 and to subsection (2) of this section, nothing in this Act shall interfere with or invalidate any settlement or agreement for a settlement made or to be made, whether before or after marriage, respecting the property of a married woman, but no settlement or agreement for a settlement shall have any greater force or validity against creditors of such woman than a like settlement or agreement for a settlement made by a man would have against his creditors.
Ba cheart go leagfaí síos leis na nósanna imeachta ceannach isteach agus na ceanglais maidir le socraíocht dheireanach bunchaighdeáin maidir leis an araíonacht socraíochta.
The buy-in procedures and late settlement requirements should set basic standards relating to settlement discipline.
ciallaíonn ‘lonnaíocht scoite’ lonnaíocht:
“isolated settlement” means a settlement:
Pleananna éagsúla Billeála agus Socraíochta IATA, Córais Socraíochta Cuntas Lasta IATA agus Teach Imréitigh IATA.
Various IATA Billing and Settlement Plans, IATA Cargo Accounts Settlement Systems and the IATA Clearing House.
mainneachtana socraíochta a chosc, nó go ndíreofar ar mhainneachtana socraíochta murar féidir iad a chosc.
either prevents settlement fails or addresses settlement fails if it is not possible to prevent them.
Cuirtear seirbhísí lárnacha bainistithe leachtachta ar fáil le TARGET, lena n-áirítear socraíocht oibríochtaí bainc ceannais trí phríomhchuntais airgid thirim, ollsocraíocht fíor-ama (RTGS) mórluacha le haghaidh íocaíochtaí trí chuntais airgid thirim atá tiomnaithe do RTGS, íocaíochtaí airgid thirim i ndáil le socraíocht urrús trí chuntais airgid atá tiomnaithe do T2S agus socraíocht íocaíochtaí meandracha trí chuntais airgid thirim atá tiomnaithe do Shocraíocht Íocaíochta Meandraí TARGET (TIPS), agus seirbhísí le haghaidh socraíocht córais choimhdigh (AS) trí fhochuntais, trí chuntais theicniúla RTGS AS, trí chuntais ciste ráthaíochta AS agus trí chuntais theicniúla TIPS AS.
TARGET provides central liquidity management services, including the settlement of central bank operations through main cash accounts (MCAs), large value real-time gross settlement (RTGS) for payments through RTGS dedicated cash accounts (DCAs), cash payments in relation to securities settlement through T2S dedicated cash accounts (T2S DCAs) and settlement of instant payments through TARGET Instant Payment Settlement (TIPS) dedicated cash accounts (TIPS DCAs), and services for ancillary system (AS) settlement through sub-accounts, RTGS AS technical accounts, AS guarantee fund accounts and TIPS AS technical accounts.
Ba cheart go soláthródh TARGET seirbhísí lárnacha bainistithe leachtachta, lena n-áirítear socraíocht oibríochtaí bainc cheannais trí phríomhchuntais airgid (MCAnna), ollsocraíocht fíor-ama (RTGS) ardluach d’íocaíochtaí trí chuntais airgid thiomnaithe RTGS (DCAnna), íocaíochtaí airgid i ndáil le socraíocht urrús trí chuntais airgid thiomnaithe T2S (DCAnna T2S ) agus socraíocht íocaíochtaí meandracha trí chuntais airgid thiomnaithe Shocraíocht Íocaíochtaí Meandracha TARGET (TIPS) (DCAnna TIPS), agus seirbhísí do shocraíocht córais choimhdigh (AS) trí fho-chuntais, trí chuntais theicniúla AS RTGS, trí chuntais chiste ráthaíochta AS agus trí chuntais theicniúla AS TIPS.
TARGET should provide central liquidity management services, including the settlement of central bank operations through main cash accounts (MCAs), large value real-time gross settlement (RTGS) for payments through RTGS dedicated cash accounts (DCAs), cash payments in relation to securities settlement through T2S dedicated cash accounts (T2S DCAs) and settlement of instant payments through TARGET Instant Payment Settlement (TIPS) dedicated cash accounts (TIPS DCAs), and services for ancillary system (AS) settlement through sub-accounts, RTGS AS technical accounts, AS guarantee fund accounts and TIPS AS technical accounts.
Cuntais airgid thiomnaithe do shocraíocht íocaíochtaí meandracha TARGET (TIPS DCAnna) chun íocaíochtaí meandracha a shocrú.
TARGET instant payment settlement dedicated cash accounts (TIPS DCAs) for the settlement of instant payments.
“nós imeachta socraíochta córais choimhdigh“ (nós imeachta socraíochta AS), (ancillary system settlement procedure, AS settlement procedure);
‘ancillary system settlement procedure’ (AS settlement procedure);
Chun críocha orduithe aistrithe AS a bhaineann le nós imeachta socraíochta C AS RTGS, áiritheoidh aon BC an Eurochórais a bhfuil fochuntais dá shealbhóirí DCA RTGS oscailte aige, nach féidir na hiarmhéideanna ar na fo-chuntais sin (lena n-áirítear méaduithe nó laghduithe ar an iarmhéid sin a eascraíonn as íocaíochtaí socraíochta traschórais a chreidiúnú nó a dhochar chuig an bhfo-chuntas nó uaidh nó ó chreidiúnú aistrithe leachtachta chuig an bhfo-chuntas) tráth a chuireann an AS tús le timthriall socraíochta a úsáid ach amháin chun orduithe aistrithe AS a bhaineann leis an nós imeachta socraíochta C AS RTGS sin a shocrú. Is é sin an cás in ainneoin aon imeachtaí dócmhainneachta maidir leis an sealbhóir ábhartha DCA RTGS agus in ainneoin aon bheart forfheidhmithe aonair a bhaineann le fochuntas shealbhóir sin an DCA RTGS.
For the purpose of the settlement of AS transfer orders related to RTGS AS settlement procedure C, any Eurosystem CB that has opened sub-accounts for its RTGS DCA holders shall ensure that the balances on such sub-accounts (including increases or reductions of that balance resulting from crediting or debiting cross system settlement payments to or from the sub-account or from crediting liquidity transfers to the sub-account) at the moment the AS starts a settlement cycle can only be used for the settlement of AS transfer orders related to that RTGS AS settlement procedure C. This is notwithstanding any insolvency proceedings with respect to the relevant RTGS DCA holder and notwithstanding any individual enforcement measure relating to such RTGS DCA holder’s sub-account.
Tacaíonn nós imeachta socraíochta C le socraíocht trí úsáid a bhaint as leachtacht thiomnaithe ar fhochuntais.
Settlement procedure C supports settlement using dedicated liquidity on sub-accounts.
Tacaíonn nós imeachta socraíochta RTGS AS D le socraíocht maidir le húsáid réamh-mhaoinithe.
RTGS AS Settlement procedure D supports settlement with the use of pre-funding.
Tacaíonn nós imeachta socraíochta RTGS AS E le socrú déthaobhach agus le próiseáil aonair orduithe aistrithe AS.
RTGS AS Settlement procedure E supports bilateral settlement and the individual processing of AS transfer orders.
Féadfaidh an AS Nós Imeachta Socraíochta E a úsáid gan cuntas teicniúil RTGS AS le haghaidh socraíochta déthaobhaí.
The AS may use Settlement Procedure E without an RTGS AS technical account for bilateral settlement.
íocaíochtaí a bhaineann le socraíocht oibríochtaí CLS Bank International a phróiseáiltear ar Shocraíocht CLS;
payments related to the settlement of CLS Bank International operations processed on CLS Settlement;
ciallaíonn “nós imeachta socraíochta córais choimhdigh“ (nós imeachta socraíochta AS) aon nós imeachta socraíochta AS TIPS nó nós imeachta socraíochta AS RTGS ;
‘ancillary system settlement procedure’ (AS settlement procedure) means any TIPS AS settlement procedure or RTGS AS settlement procedure;
ciallaíonn “socraíocht traschórais“ socraíocht orduithe aistrithe AS lena gcuirtear do dhochar an cuntas teicniúil RTGS AS nó fo-chuntas bainc socraíochta AS amháin a úsáideann nós imeachta socraíochta AS C nó D agus a chuireann chun sochair an cuntas teicniúil AS RTGS nó fochuntais banc socraíochta de chuid AS eile a úsáideann nós imeachta socraíochta AS C nó D;
‘cross-system settlement’ means the settlement of AS transfer orders debiting the RTGS AS technical account or a sub-account of a settlement bank of one AS using AS settlement procedure C or D and crediting the RTGS AS technical account or a sub-account of a settlement bank of another AS using AS settlement procedure C or D;
Féadfar séalúchais chúlchistí ar chuntais socraíochta a úsáid chun críocha socraíochta idirlae.
Reserve holdings on settlement accounts may be used for intraday settlement purposes.
Áirítear ar na bearta sin faireachán a dhéanamh ar theipeanna socraíochta agus pionóis airgid as teipeanna socraíochta a bhailiú agus a dháileadh.
Those measures include monitoring settlement fails and collecting and distributing cash penalties for settlement fails.
Sásra pionóis le haghaidh teipeanna socraíochta a bhaineann le hidirbhearta imréitithe arna gcur isteach ag CPLanna le haghaidh socraíochta
Penalty mechanism for settlement fails relating to cleared transactions submitted by CCPs for settlement
(b) tá baint ag duine, ina cháil mar iontaobhaí socraíochta, le haon phearsa aonair ar socraitheoir é i ndáil leis an tsocraíocht, le haon duine a bhfuil baint aige le pearsa aonair den sórt sin agus le comhlacht corpraithe a meastar baint a bheith aige leis an tsocraíocht sin, agus measfar baint a bheith ag comhlacht corpraithe le socraíocht aon bhliain áirithe más cuideachta rialaithe í (nó nach cuideachta rialaithe ar an aon-chúis nach bhfuil cónaí air sa Stát) aon tráth i rith na bliana agus go n-áirítear an tráth sin ar na scairshealbhóirí iontaobhaithe na socraíochta nó tairbhí fúithi;
( b ) a person, in his capacity as trustee of a settlement, is connected with any individual who in relation to the settlement is a settlor, with any person who is connected with such an individual and with a body corporate which is deemed to be connected with that settlement, and a body corporate shall be deemed to be connected with a settlement in any year if at any time in the year it is a controlled company (or only not a controlled company because it is not resident in the State) and the shareholders then include the trustees of or a beneficiary under the settlement;
(b) tá baint ag duine, ina cháil mar iontaobhaí socraíochta, le haon phearsa aonair ar socraitheoir é i ndáil leis an tsocraíocht, le haon duine a bhfuil baint aige le pearsa aonair den sórt sin agus le comhlacht corpraithe a meastar baint a bheith aige leis an tsocraíocht sin, agus measfar baint a bheith ag comhlacht corpraithe le socraíocht aon bhliain áirithe más dlúthchuideachta é (nó nach dlúthchuideachta é ar an aon-chúis nach bhfuil cónaí air sa Stát) aon tráth i rith na bliana agus go n-áirítear an tráth sin ar na scairshealbhóirí iontaobhaithe na socraíochta nó tairbhí fúithi; [EN]
( b ) a person, in his capacity as trustee of a settlement, is connected with any individual who in relation to the settlement is a settlor, with any person who is connected with such an individual and with a body corporate which is deemed to be connected with that settlement, and a body corporate shall be deemed to be connected with a settlement in any year if at any time in the year it is a close company (or only not a close company because it is not resident in the State) and the shareholders then include the trustees of or a beneficiary under the settlement;
(b) i gcás an socraitheoir a bhreithniú ina fhéimheach aon tráth dá éis sin laistigh de chúig bliana tar éis dháta na socraíochta, ar neamhní amhail in aghaidh an tSannaí Oifigiúil mura gcruthóidh na páirtithe a bheidh ag éileamh faoin socraíocht go raibh an socraitheoir, tráth déanta na socraíochta, ábalta ar a fhiacha go léir a íoc gan cúnamh na maoine a chuimsítear sa socraíocht agus gur aistrigh leas an tsocraitheora sa mhaoin sin chuig iontaobhaí na socraíochta sin ar í a fhorghníomhú.
( b ) if the settlor is adjudicated bankrupt at any subsequent time within five years after the date of the settlement, be void as against the Official Assignee unless the parties claiming under the settlement prove that the settlor was, at the time of making the settlement, able to pay all his debt without the aid of the property comprised in the settlement and that the interest of the settlor in such property passed to the trustee of such settlement on the execution thereof
(62 ) ‘TARGET Instant Payment Settlement (TIPS) ancillary system settlement procedure’ (TIPS AS settlement procedure) means the predefined service for the submission and settlement of liquidity transfer orders and instant payment orders related to settlement of AS on TIPS DCAs and TIPS AS technical accounts;
‘TARGET Instant Payment Settlement (TIPS) ancillary system settlement procedure’ (TIPS AS settlement procedure) means the predefined service for the submission and settlement of liquidity transfer orders and instant payment orders related to settlement of AS on TIPS DCAs and TIPS AS technical accounts;
mura n-úsáidtear nós imeachta socraíochta RTGS AS E le haghaidh socraíochta déthaobhaí, nó má theipeann ar an tsocraíocht iomlán i nós imeachta socraíochta RTGS AS A, déanfar aon orduithe aistrithe AS socraithe sa chomhad a fhreaschur agus cuirfear na bainc socraíochta go léir agus an AS ar an eolas trí theachtaireacht chraolta.
if RTGS AS settlement procedure E is not used for bilateral settlement, or if in RTGS AS settlement procedure A the entire settlement fails, any settled AS transfer orders in the file shall be reversed and all settlement banks and the AS shall be informed via a broadcast message.
ciallaíonn “nós imeachta córais coimhdigh um ollsocraíocht fíor-ama“ (nós imeachta socraíochta AS RTGS ) ceann amháin den raon de sheirbhísí speisialta, réamhshainithe chun orduithe aistrithe AS a bhaineann le socraíocht AS ar DCAnna RTGS, ar fhochuntais agus ar chuntais theicniúla AS RTGS a thíolacadh agus a shocrú;
‘Real-time gross settlement ancillary system settlement procedure’ (RTGS AS settlement procedure) means one of the range of special, predefined services for the submission and settlement of AS transfer orders related to settlement of AS on RTGS DCAs, sub-accounts and RTGS AS technical accounts;
ciallaíonn “nós imeachta socraíochta córais coimhdigh um Socraíocht Íocaíochta Meandraí TARGET (TIPS)“ (nós imeachta socraíochta AS TIPS ) an tseirbhís réamhshainithe chun orduithe aistrithe leachtachta agus orduithe íocaíochta meandraí a bhaineann le socraíocht AS ar DCAnna TIPS agus ar chuntais theicniúla AS TPS;
‘TARGET Instant Payment Settlement (TIPS) ancillary system settlement procedure’ (TIPS AS settlement procedure) means the predefined service for the submission and settlement of liquidity transfer orders and instant payment orders related to settlement of AS on TIPS DCAs and TIPS AS technical accounts;
ciallaíonn ‘socraíocht iomchuí’, i ndáil le dlúthchuideachta, socraíocht a dhéanann an dlúthchuideachta, nó a dhéantar thar a ceann, seachas socraíocht—
‘relevant settlement’, in relation to a close company, means a settlement made by, or on behalf of, the close company other than a settlement which—
Dá bhrí sin, is gá tréimhse shocraíochta choiteann a sholáthar lena n-éascófaí aithint an dáta socraíochta atá beartaithe agus cur chun feidhme beart smachta socraíochta.
It is therefore necessary to provide a common settlement period which would facilitate the identification of the intended settlement date and facilitate the implementation of settlement discipline measures.
Ba cheart na rialacha maidir leis an araíonacht socraíochta a chur i bhfeidhm ar bhealach ina bhforáiltear do dhreasacht d’idirbhearta a shocrú i ngach ionstraim ábhartha airgeadais faoin dáta socraíochta atá beartaithe dóibh.
The rules on settlement discipline should be applied in a manner that provides an incentive for the settlement of transactions in all relevant financial instruments by their intended settlement date.
an ghné airgid ar fad nó cuid den ghné airgid dá chóras socraíochta urrús a shocrú i leabhair de chuid gníomhaireachta socraíochta eile;
the settlement of all or part of the cash leg of its securities settlement system in the books of another settlement agent;
—(1) Beidh comhacht ag an gCoimisinéir Breithiúntais, má chítear san do bheith caothúil chun ciste ar bith i gCúirt Choimisiúin Talmhan na hÉireann do roinnt, iontaobhaithe do cheapadh, chun crícheanna na Settled Land Acts, 1882 to 1890, d'aon tsocrú, no d'aon líon ionstraimí atá le chéile ina gcó-shocrú, chun aon chiste den tsórt san, no chun aon choda dhe i gcás muirir do bheith ann de dhruim an tsocruithe no an chó-shocruithe sin pe'ca urruithe dho tré théarma blian no nách eadh, do ghlacadh ar iontaobhaisí an tsocruithe no an chó-shocruithe sin, d'ainneoin na dílse agus na hoighreachta do bheith dílsithe ar fad, agus i gcás na n-iontaobhaithe sin do cheapadh amhlaidh beidh admháil na n-iontaobhaithe sin ina leor-ghlanadh do Choimisiún na Talmhan maidir leis an gcistc sin no leis an gcuid sin de.
—(1) The Judicial Commissioner shall have power, if it appears convenient for the allocation of any fund in the Court of the Irish Land Commission, to appoint trustees for the purposes of the Settled Land Acts, 1882 to 1890, of any settlement, or of any number of instruments together forming a compound settlement, to receive upon the trusts of such settlement or compound settlement any such fund or any part thereof where there is any subsisting charge arising under such settlement or compound settlement, whether secured or not secured by a term of years notwithstanding that the fee and inheritance have vested absolutely, and where such trustees are so appointed the receipt of such trustees shall be a sufficient discharge to the Land Commission in relation to such fund or part thereof.
(9) San alt seo folaíonn “socraíocht” aon diúscairt, iontaobhas, cúnant, comhaontú nó comhshocraíocht, agus ciallaíonn “socraitheoir”, i ndáil le socraíocht, aon duine a rinne an tsocraíocht;
(9) In this section, "settlement" includes any disposition, trust, covenant, agreement or arrangement, and "settlor", in relation to a settlement, means any person by whom the settlement was made;
socraítear na hidirbhearta tríd an gcóras socraíochta céanna nó trí chórais socraíochta a bhaineann leas as bonneagar coiteann socraíochta;
the transactions are settled through the same settlement system or settlement systems using a common settlement infrastructure;
má úsáidtear nós imeachta socraíochta RTGS AS B, teipeann ar an tsocraíocht iomlán agus cuirfear na bainc socraíochta go léir agus an AS ar an eolas trí theachtaireacht chraolta.
if RTGS AS settlement procedure B is used, the entire settlement fails and all settlement banks and the AS shall be informed via a broadcast message.
Ina theannta sin, má thionscnaíonn AS an tsocraíocht traschórais trí úsáid á bhaint as nós imeachta socraíochta RTGS AS C, ní mór timthriall socraíochta a bheith oscailte don AS sin freisin.
Furthermore, if the cross-system settlement is initiated by an AS using RTGS AS settlement procedure C, a settlement cycle must also be open for that AS.
Téarmaí agus coinníollacha speisialta maidir le córais choimhdeacha ag baint usáid as nós imeachta córais choimhdigh de shocraíocht íocaíochtaí meandracha target (TIPS) (NÓS IMEACHTA AS TIPS )
Special terms and conditions for ancillary systems using the TARGET instant payment settlement (TIPS) ancillary system settlement procedure (TIPS AS settlement procedure)
Ciallaíonn “grúpa cuntas bainc socraíochta” liosta de na DCAnna RTGS agus/nó de na fochuntais arna socrú i gcomhthéacs córais coimhdigh a shocrú trí úsáid a bhaint as samhlacha socraíochta AS RTGS;
‘settlement bank account group’ means a list of RTGS DCAs and/or sub accounts set in the context of the settlement of an ancillary system using RTGS AS settlement procedures;
déantar socraíocht tríd an institiúid socraíochta chéanna (banc socraíochta, banc ceannais nó taisclann urrús lárnach, mar shampla); agus
settlement is carried out through the same settlement institution (for example, a settlement bank, a central bank or a central securities depository); and
Tríd an tseirbhís seo a chur i bhfeidhm, athróidh an Coimisiún ó chóras socraíochta a úsáid a bhfuil soláthróirí tráchtála seirbhísí socraíochta i gceist leis chuig bonneagar socraíochta atá bunaithe ar an Eurochóras agus a úsáidfear le haghaidh bannaí de chuid an Aontais a eiseofar tar éis an dáta sin.
With this service, the Commission will move from using a settlement system comprising commercial suppliers of settlement services to a Eurosystem-based settlement infrastructure for EU-Bonds issued after this date.
Ba cheart don údarás inniúil lena mbaineann, áfach, dul i gcomhairle agus comhoibriú le húdaráis iomchuí eile a luaithe is féidir agus áirítear ar na húdaráis sin na húdaráis atá freagrach as faireachán a dhéanamh ar gach córas socraíochta urrús a oibríonn TLU, na bainc cheannais a bhfuil na hairgeadraí socraíochta is ábhartha á n-eisiúint acu, nuair is infheidhme, na bainc cheannais iomchuí a ghníomhaíonn mar ghníomhaire socraíochta do gach córas socraíochta urrús agus freisin, nuair is infheidhme, údaráis inniúla grúpeintiteas eile.
The competent authority concerned should however consult at the earliest stage and cooperate with other relevant authorities, which include the authorities responsible for the oversight of each securities settlement system operated by the CSD, the central banks that issue the most relevant settlement currencies, where applicable, the relevant central banks that act as settlement agent for each securities settlement system, and, also, where applicable, the competent authorities of other group entities.
D’fhonn sonraí iontaofa maidir le scála socraíochta urrús lasmuigh de chórais socraíochta a sholáthar agus d’fhonn áirithiú gur féidir faireachán a dhéanamh agus díriú isteach ar na rioscaí a eascraíonn, ba cheart d’institiúidí seachas TLUanna a shocraíonn idirbhearta urrús lasmuigh de chóras socraíochta urrús na húdaráis inniúla lena mbaineann a chur ar an eolas maidir lena ngníomhaíochtaí socraíochta.
In order to provide reliable data on the scale of securities settlement outside securities settlement systems and to ensure that the risks arising can be monitored and addressed, any institutions other than CSDs that settle securities transactions outside a securities settlement system should report their settlement activities to the competent authorities concerned.
Áireofar sna tuarascálacha sin ar a laghad measúnú ar éifeachtúlacht socraíochta, socraíocht inmheánaithe, soláthar trasteorann seirbhísí, na cúiseanna maidir le cearta rochtana a dhiúltú agus aon bhaic ábhartha eile ar iomaíocht sna seirbhísí airgid iarthrádála lena n-áirítear aon bhaic a eascraíonn ó úsáid mhíchuí socruithe ceadúnais, oiriúnacht na bpionós le haghaidh teipeanna socraíochta, go háirithe an gá atá le níos mó solúbthachta maidir leis na pionóis le haghaidh teipeanna socraíochta i ndáil le hionstraimí neamhleachtacha airgeadais, cur i bhfeidhm rialacha dliteanais shibhialta na mBallstát maidir le caillteanas atá inchurtha i leith TLUanna, na coinníollacha a bhaineann le seirbhísí coimhdeacha de chineál baincéireachta a sholáthar, le ceanglais maidir le hurrúis na rannpháirtithe agus le hurrúis a gcliant a chosaint agus leis an gcóras smachtbhannaí agus féadfaidh moltaí maidir le gníomhaíocht choisctheach nó cheartaitheach, i gcás ina r gá, a bheith iontu.
Those reports should include at least an assessment of settlement efficiency, internalised settlement, cross-border provision of services, the reasons for the rejection of access rights and any other substantive barriers to competition in post-trade financial services including any barriers arising from the inappropriate use of licensing arrangements, appropriateness of penalties for settlement fails, in particular the need for additional flexibility in relation to penalties for settlement fails in relation to illiquid financial instruments, the application of Member States’ rules on civil liability to losses attributable to CSDs, the conditions relating to the provision of banking-type ancillary services, requirements regarding the protection of securities of participants and those of their clients, and the sanctions regime and may contain, where necessary, recommendations of preventative or remedial actions.
Is gá freisin cur i bhfeidhm na gceanglas maidir le na gceanglas a chur siar maidir le hurrúis inaistrithe a thaifeadadh i bhfoirm cuntais reatha agus oibleagáidí i gcórais socraíochta urrús a shocrú tráth nach déanaí ná an dara lá gnó tar éis lá na trádála chun a ndóthain ama a thabhairt do rannpháirtithe sa mhargadh, ag a bhfuil urrúis i bhfoirm páipéir á sealbhú nó a bhaineann úsáid as tréimhsí socraíochta níos faide, chun na ceanglais sin a chomhlíonadh.
It is also necessary to defer the application of the requirements concerning settlement discipline and requirements concerning reporting obligation of settlement internalisers until all the necessary delegated or implementing acts further specifying such requirements are in place, and of the req uirements for recording certain transferable securities in book-entry form and settling obligations in securities settlement systems no later than on the second business day after the trading in order to provide market participants, holding securities in paper form or using longer settlement periods, with sufficient time to comply with those requirements,