Template:Nutshell 2016 CSA Local Business Day: Difference between revisions

Template:Nutshell 2016 CSA Local Business Day (view source)

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-“'''{{csaprov|Local Business Day}}'''” means:
+“'''{{vmcsaprov|Local Business Day}}'''” means:
-:(ii) '''Dematerialised [[securities]]''': for securities transfers inside a [[clearance system]], a day on which that clearance system accepts and executes settlement instructions
+:(i) '''[[Dematerialised]] [[securities]]''': for securities transfers inside a [[clearance system]], a day on which that [[clearance system]] executes settlement instructions;
-:(i) '''[[Cash]] and other property''': for cash and other transfers, a day on which commercial banks are open where the relevant account is located and in the principal financial centre for any relevant currency;
+:(ii) '''[[Cash]] and other property''': for cash and other transfers, a day on which commercial banks are open where the relevant account is located and in the principal financial centre for any relevant currency;
-:(iii) '''{{csaprov|Resolution Time}}''': for a {{csaprov|Resolution Time}}, a day on which commercial banks are open in at least one {{csaprov|Valuation Date Location}} for each Party; and
+:(iii) '''{{vmcsaprov|Resolution Time}}''': for a {{vmcsaprov|Resolution Time}}, a day on which commercial banks are open in at least one {{vmcsaprov|Valuation Date Location}} for each Party; and
 :(iv) '''{{isdaprov|Notice}}s''': for any communication, a day on which commercial banks are open in the place specified for the recipient in the {{isdaprov|notice}}s section.<br>