Either way this hybrid organisation serves as the focus, the clearing-house, the engine-room of the European Union.
By 2002, it promises to put into operation an automated clearing-house to which all banks can link up easily.
Clearnet, a swaps clearing-house, is part of an industry-wide dash to grab some of the action (see article).
But it makes the impact of a clearing-house itself going down much worse.
The protocol will also establish a biosafety clearing-house, in the Canadian city of Montreal, as a one-stop shop for information on GMOs.
Buyers need to register with a financial clearing-house and download the necessary software to open the container and reveal the goodies inside.
Any country wishing to export GMOs has to notify the clearing-house, so the recipient country can obtain the information it needs to decide the case.
It checks a user's identity, looks up his rights, contacts a financial clearing-house to arrange payment and, if everything is in order, decrypts the digital work.
Named after a Luxembourg-based clearing-house, it has all the ingredients of a political thriller: a master spy, anonymous denunciations, defence kickbacks, a smear campaign and fratricidal rivalry.
Instead of a single bilateral contract, there will be two one between a clearing-house and the original seller, and the other between the clearing-house and the original buyer.
The state has set up an insurance clearing-house with subsidised products in the hope of reining in health-cost inflation, but costs look set to soar again this year.
Failures are rare but they do happen: Hong Kong's futures clearing-house ran out of resources in 1987, for example, and it took a government bail-out and the closure of the main stockmarket for things to get back to normal.
In July, virt-x encouraged its two clearing houses London Clearing House and x-clear jointly to act as a counterparty for the exchange's users.
New York Portfolio Clearing which is a startup clearing house co-owned by NYSE Euronext, has gained approval from the U.S. Commodity Futures Trading Commission to clear interest rate futures in the United States.
Not to be outdone, local competitor Singapore Exchange (SGX) was in the news last month with regards to an acquisition of UK-based clearing house LCH.
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And when she appeared in a full-page Wall Street Journal ad cutting a hundred-dollar bill in half as a symbol of her discount philosophy, her long-time clearing house dropped her, and she was briefly threatened with Securities and Exchange Commission expulsion.
Within its core functions, such as: laboratory of ideas, standard-setter, clearing house, capacity builder andcatalyst for international cooperation, UNESCO is playing crucial role in ensuring access to quality education for all in Member States.
They could earn their meal by contributing their time fulfilling front-of-the-house tasks like wiping tables, clearing dishes, and sweeping floors.
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The UK's competition regulator has given the London Stock Exchange Group the go-ahead for its planned takeover of clearing house LCH Clearnet.
They have also coaxed leading international banks into setting up a global clearing house to reduce the risk of loss should big foreign-exchange trades not be completed as the parties agreed.
It has operated as a clearing house for the foreign reserves of many countries and as a lender of short-term loans.
"We are the victims of our own success: We have created a very efficient check-deposit system, " said Elliott McEntee, president and CEO of the National Automated Clearing House Association in Herndon, Va.
The city also acts as a clearing house for antiques and curios from all over Africa and you will find some amazing pieces here - as well as plenty of fakes!
When he detected the object, Bill Yeung contacted the Minor Planet Center in Massachusetts, the clearing house for such discoveries, which gave it the designation J002E3 and posted it on their Near-Earth Object Confirmation webpage.
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