LYNX and Société d’Investissement à Capital Variable: Difference between pages

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imported>Doug Williamson
(Create page - source - Bank of Canada - https://www.bankofcanada.ca/core-functions/monetary-policy/lynx/#lynx)
 
imported>Doug Williamson
(Classify page.)
 
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''Funds transfer - Canada.''
(SICAV).  


LYNX is the transfer system for large value real time payments in Canada, primarily between financial institutions.
Type of collective investment scheme available in western Europe.


LYNX became effective in 2021, replacing Canada's former Large Value Transfer System (LVTS).
Unlike Fonds Commun de Placements (FCP), SICAVs are distinct legal entities, with each investor being a shareholder of the company. 
 
In other words, SICAVs are open-ended investment companies.




== See also ==
== See also ==
* [[Canada]]
* [[Fonds Commun de Placement]]
* [[Clearing house]]
* [[Investment company]]
* [[Clearing House Automated Payment System]] (CHAPS)
* [[Mutual fund]]
* [[Clearing House Interbank Payment System]]  (CHIPS)
* [[Undertaking for collective investments in transferable securities]]
* [[Clearing system]]
* [[Interbank]]
* [[LVPS]]
* [[Transfer system]]


[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 01:46, 8 January 2022

(SICAV).

Type of collective investment scheme available in western Europe.

Unlike Fonds Commun de Placements (FCP), SICAVs are distinct legal entities, with each investor being a shareholder of the company.

In other words, SICAVs are open-ended investment companies.


See also