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Notification Time - CSA Provision: Difference between revisions
Notification Time - CSA Provision (view source)
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====Commentary==== | ====Commentary==== | ||
Relevant for the definition of {{csaprov|Settlement Day}} and collateral {{csaprov|Transfers}}: basically, as per the flush wording at the end of Paragraph {{csaprov|3(a)}} if a demand for a transfer is received ''after'' the {{csaprov|Notification Time}} on a given date, the relevant transfer will made on the {{csaprov|Settlement Day}} ''after'' the day on which the {{csaprov|Transfer}} demand was made. | Relevant for the definition of {{csaprov|Settlement Day}} and collateral {{csaprov|Transfers}}: basically, as per the flush wording at the end of Paragraph {{csaprov|3(a)}} if a demand for a transfer is received ''after'' the {{csaprov|Notification Time}} on a given date, the relevant transfer will made on the {{csaprov|Settlement Day}} ''after'' the day on which the {{csaprov|Transfer}} demand was made. | ||
{{csasnap|Settlement Day|1995}} | {{csasnap|Settlement Day|1995}} | ||