Living will and Settlement date: Difference between pages

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1.  
The settlement date is the date on which a security transaction is settled, for example, payment is made and securities are physically received and delivered or beneficial ownership records are changed in central securities depositories.


A contingency plan of how a financial institution could be wound up in the event of a collapse.


A requirement of the US Dodd-Frank financial reform law for financial institutions with more than $250 billion in assets.
== See also ==
* [[Central securities depository]]
* [[Trade date]]


 
[[Category:Financial_products_and_markets]]
2.
 
A set of instructions which specifies what actions are to be taken if a person becomes unable to act due to illness or incapacity.
 
''Also known as an advance decision.''
 
[[Category:Regulation_and_Law]]

Latest revision as of 08:55, 7 February 2019

The settlement date is the date on which a security transaction is settled, for example, payment is made and securities are physically received and delivered or beneficial ownership records are changed in central securities depositories.


See also

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