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provision of swiss franc liquidity to eurosystem counterparties .
provision of swiss franc liquidity to eurosystem counterparties .

escb and cesr consult on draft recommendations for central counterparties as amended for otc derivatives governing council appoints members of the t2s programme board
escb and cesr consult on draft recommendations for central counterparties as amended for otc derivatives governing council appoints members of the t2s programme board

( 1 ) in the case of us depository institution counterparties , to be executed by a bank officer at the level of vice president or higher .
( 1 ) in the case of us depository institution counterparties , to be executed by a bank officer at the level of vice president or higher .

continuation of supplementary longer-term refinancing operations biennial review of the risk control measures in eurosystem credit operations us dollar funding to eurosystem counterparties ( term auction facility operations )
continuation of supplementary longer-term refinancing operations biennial review of the risk control measures in eurosystem credit operations us dollar funding to eurosystem counterparties ( term auction facility operations )

--- « information and control module ( icm ) » means the ssp module that allows participants to obtain on-line information and gives them the possibility to submit liquidity transfer orders , manage liquidity and initiate backup payment orders in contingency situations , --- « icm broadcast message » means information made simultaneously available to all or a selected group of target2 participants via the icm , --- « indirect participant » means a credit institution established in the european economic area ( eea ) , which has entered into an agreement with a direct participant to submit payment orders and receive payments via such direct participant 's pm account , and which has been recognised by a target2 component system as an indirect participant , --- « insolvency proceedings » means insolvency proceedings within the meaning of article 2 ( j ) of the settlement finality directive , --- « instructing participant » means a target2 participant that has initiated a payment order , --- « intraday credit » means credit extended for a period of less than one business day , --- « liquidity transfer order » means a payment order , the main purpose of which is to transfer liquidity between different accounts of the same participant , --- « marginal lending facility » means a eurosystem standing facility which counterparties may use to receive overnight credit from a eurosystem cb at the pre-specified marginal lending rate , --- « marginal lending rate » means the interest rate applicable to the marginal lending facility , --- « multi-addressee access » means the facility by which branches or credit institutions established in the eea can access the relevant target2 component system by submitting payment orders and / or receiving payments directly to and from the target2 component system ;
--- « information and control module ( icm ) » means the ssp module that allows participants to obtain on-line information and gives them the possibility to submit liquidity transfer orders , manage liquidity and initiate backup payment orders in contingency situations , --- « icm broadcast message » means information made simultaneously available to all or a selected group of target2 participants via the icm , --- « indirect participant » means a credit institution established in the european economic area ( eea ) , which has entered into an agreement with a direct participant to submit payment orders and receive payments via such direct participant 's pm account , and which has been recognised by a target2 component system as an indirect participant , --- « insolvency proceedings » means insolvency proceedings within the meaning of article 2 ( j ) of the settlement finality directive , --- « instructing participant » means a target2 participant that has initiated a payment order , --- « intraday credit » means credit extended for a period of less than one business day , --- « liquidity transfer order » means a payment order , the main purpose of which is to transfer liquidity between different accounts of the same participant , --- « marginal lending facility » means a eurosystem standing facility which counterparties may use to receive overnight credit from a eurosystem cb at the pre-specified marginal lending rate , --- « marginal lending rate » means the interest rate applicable to the marginal lending facility , --- « multi-addressee access » means the facility by which branches or credit institutions established in the eea can access the relevant target2 component system by submitting payment orders and / or receiving payments directly to and from the target2 component system ;