imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Funds and securities transfers.''
| | ''UK VAT.'' |
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| In the context of securities transfers, settlement is the exchange of securities between buyer and seller and the corresponding transfer of money between the two contractual parties.
| | For VAT purposes, a taxable person is someone who is, or is required to be, registered for VAT. |
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| Settlement is usually preceded by confirmations on, among other things, the date and method of exchange and payment.
| | A 'person' for these purposes is widely defined and may include individuals, partnerships, companies or another corporate bodies. |
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| Settlement is the act that discharges obligation in respect of funds or securities transfers between two or more parties.
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| 2. ''Pensions.''
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| An irrevocable action that relieves the employer of the primary responsibility for a pension obligation, thus eliminating associated risks.
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| 3. ''Disputes.''
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| Any action or agreement that resolves or concludes an uncertain or disputed obligation, often including the payment of an agreed cash amount.
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| 4. ''Trusts.''
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| The disposal of assets via a trust arrangement.
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| == See also == | | == See also == |
| * [[Acceptance for settlement]] | | * [[Default surcharge]] |
| * [[Back office]] | | * [[His Majesty's Revenue & Customs]] (HMRC) |
| * [[Bilateral net settlement system]] | | * [[Tax avoidance]] |
| * [[Cash settlement]] | | * [[Tax evasion]] |
| * [[Clearing]] | | * [[Tax haven]] |
| * [[Clearing system]] | | * [[Tax point]] |
| * [[Confirmation]] | | * [[Tax written down value]] |
| * [[Continuous linked settlement]]
| | * [[Taxable transaction]] |
| * [[Curtailment]]
| | * [[Taxpayer]] |
| * [[Delivery]]
| | * [[Taxpayer’s Charter]] |
| * [[Delivery versus payment system]]
| | * [[Value Added Tax]] (VAT) |
| * [[Designated-time net settlement system]]
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| * [[End-of-day gross settlement system]]
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| * [[ERS]]
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| * [[Evaluated receipts settlement]] | |
| * [[Final settlement]] | |
| * [[Foreign exchange settlement risk]] | |
| * [[Funds transfer system]]
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| * [[Gross settlement system]]
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| * [[Hybrid clearing and settlement systems]]
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| * [[International Centre for Settlement of Investment Disputes]]
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| * [[Law]]
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| * [[Mediation]]
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| * [[Multilateral net settlement position]]
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| * [[Multilateral net settlement system]]
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| * [[Net settlement]]
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| * [[Payments and payment systems]]
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| * [[Pre-settlement risk]]
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| * [[Real-time gross settlement system]]
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| * [[Real-time transmission, processing or settlement]]
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| * [[Securities settlement system]]
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| * [[Security]]
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| * [[Segregation of duties]]
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| * [[Settlement account]]
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| * [[Settlement agent]]
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| * [[Settlement bank]]
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| * [[Settlement date]]
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| * [[Settlement finality]]
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| * [[Settlement institution]]
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| * [[Settlement lag]]
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| * [[Settlement netting]]
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| * [[Settlement risk]]
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| * [[Settlement system]]
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| * [[Settlement unwind]]
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| * [[Substitution]]
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| * [[T+1]]
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| * [[TARGET Instant Payments Settlement]]
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| * [[Tax]] | |
| * [[Trans-European automated real-time gross settlement express transfer]]
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| * [[Transfer]]
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| * [[Trust]]
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| [[Category:Manage_risks]] | | [[Category:Accounting,_tax_and_regulation]] |
| [[Category:Cash_management]]
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