Nie je k dispozícii v slovenčine.
Market practices in Italy
Italy
Name of National Central Bank | Banca d'Italia |
Phone number of the CCBM unit | + 39 06 47 92 38 68 |
Fax number of the CCBM unit | + 39 06 47 92 38 53 |
it.securities@bancaditalia.it giuseppe.maresca@bancaditalia.it maria.costantini@bancaditalia.it |
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Foreign counterparties’ contact for credit claim related issues | bi.collateral@bancaditalia.it + 39 06 47 92 40 98 |
Publications describing local legal and operational procedures | Sistema di gestione delle garanzie in pooling e dei depositi in titoli - Guida per gli operatori |
Legal and procedural aspects
Procedural aspects governing a repurchase agreement with the NCB and legal documentation used (if applicable) | There are neither specific procedural aspects nor specific legal documentation governing the receipt/delivery of the collateral to the Banca d'Italia for CCBM operations (for repurchase agreements or pledges at the HCB) | |
Procedural aspects governing a pledge towards the NCB and legal documentation used (if applicable) | Terms and conditions | |
Specific procedures governing non-marketable assets | Specific terms and conditions for Credit Claims |
Technical Aspects | Monte Titoli S.p.A. | Banca d’Italia |
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Type of eligible assets held | Bonds issued by central and local government, corporates and financial institutions | Non-marketable assets |
Opening hours | Monte Titoli participates in T2S and follows the T2S calendar and Business Day schedule T2S UDFS v.2.2 chapter 1.4 |
7:30 – 19:30 CET |
Number of settlement cycles per day | CCBM transactions are settled in the T2S real-time settlement window (see previous link to the T2S UDFS) | n.a. |
BIC of SSS(s) | MOTIITMMXXX | BITAITRRCCB |
Account of NCB in the SSS | MOTIBITAITRRXXX6100300 | n.a. |
HCB's sub accounts in the SSS (where applicable) | n.a. | n.a. |
Matching requirements | Yes | n.a. |
Matching/Settlement details | T2S Mandatory matching fields Furthermore, as Banca d'Italia adopted the Italian market practice on Party2 matching, the Party2 BIC codes (both of the Home Central Bank’s and the counterparty’s) have to be included in the instructions. Example Central banks Party 1 - CSD Participant: BITAITRRXXX Party 2 - Client of the CSD Participant: MARKDEFFCCB Counterparties Party 1 – CSD Participant: CITIITMXXXX in field DEAG/ REAG Party 2 - Client of the CSD Participant: BARCGB33XXX in field SELL/ BUYR |
n.a. |
Special Operating Procedures | n.a. | n.a. |
Homepage of SSS | www.montetitoli.it | www.bancaditalia.it |