settlement agent
as defined in Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998…, Article 2, point (d)
an entity providing to institutions and/or a central counterparty participating in systems, settlement accounts through which transfer orders within such systems are settled and, as the case may be, extending credit to those institutions and/or central counterparties for settlement purposes
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Also defined in
- Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities… 32014R0909, Article 2(1), point (43)
settlement agent as defined in point (d) of Article 2 of Directive 98/26/EC - Commission Regulation (EU) No 1031/2010 of 12 November 2010 on the timing, administration and other aspects of… 32010R1031, Article 3, point (37)
an entity acting as an agent providing accounts to the auction platform, through which accounts instructions for the transfer of the auctioned allowances given by the auctioneer or an intermediary representing it and the payment of the auction clearing price by a successful bidder, its successor in…