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Template:M summ EUA Annex (d)(vi): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "==={{icds}} to the max=== Some of the more dismal drafting — outwardly innocuous, not having that “see if you can get through this tract without lashing out at nearby love...") |
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===What does this do?=== | ===What does this do?=== | ||
This simply asks parties to an Emissions Transaction to make sure they have the necessary accounts set up with the European Registries and correctly configured so they can efficiently perform their settlement obligations. Have an account, add your counterparty’s account to your trusted list, and don’t behave like such a berk that you get thrown out of the system, of have your account frozen. | This simply asks parties to an Emissions Transaction to make sure they have the necessary accounts set up with the European Registries and correctly configured so they can efficiently perform their settlement obligations. Have an account, add your counterparty’s account to your trusted list, and don’t behave like such a berk that you get thrown out of the system, of have your account frozen. | ||
===Knock on impacts=== | |||
Note a failure to deliver by a Delivering Party won’t count as a formal {{euaprov|Failure to Deliver}} if brought about because the {{euaprov|Receiving Party}} has forgotten to set up a {{euaprov|Holding Account}}, not added the {{euaprov|Delivering Party}}’s {{euaprov|Holding Account}} to its trusted account list, or generally behaved like such a berk that it gets thrown out of the system, of have its own account frozen. | |||