| Securities Data Management Documentazione UML |
Static Data Management::Securities Data Management
Classe Close Link
(Reference Id: T2S.16.690)A financial market participant cannot submit any asset issued or guaranteed by itself or by any other entity with which it has a close link. “Close links” define a situation in which the counterparty is linked to an issuer/debtor/guarantor of eligible assets because of the fact that:(i) the counterparty owns 20% or more of the capital of the issuer/debtor/guarantor, or one or more undertakings in which the counterparty owns the majority of the capital own 20% or more of the capital of the issuer/debtor/guarantor, or the counterparty and one or more undertakings in which the counterparty owns the majority of the capital together own 20% or more of the capital of the issuer/debtor/ guarantor; or(ii) the issuer/debtor/guarantor owns 20% or more of the capital of the counterparty, or one or more undertakings in which the issuer/debtor/guarantor owns the majority of the capital own 20% or more of the capital of the counterparty, or the issuer/debtor/guarantor and one or more undertakings in which the issuer/debtor/guarantor owns the majority of the capital together own 20% or more of the capital of the counterparty; or(iii) a third party owns both the majority of the capital of the counterparty and the majority of the capital of the issuer/debtor/guarantor, either directly or indirectly, through one or more undertakings in which that third party owns the majority of the capital.An attribute in the securities reference data in T2S will define a security as eligible for collateralisation for central bank money. However, this information will be insufficient to identify cases where a T2S party issues or guarantees an asset or where it has close links with another entity. T2S shall store the identifiers of all securities, which are eligible for collateralisation, but which are not eligible for a specific T2S party, in the party static data. An automated interface shall provide these data to T2S on a daily basis from the relevant Eurosystem database.
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Private <<Entity>> <Class> Securities is defined for
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restricts a
Private <<Entity>> <Class> T2S BIC Directory restricts a
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| Securities Data Management Documentazione UML |