FINANCIAL MARKET INFRASTRUCTURE · SPECIALISED DOMAIN SURFACE
SETTLEMENT STATE IS NOT MARKET AUTHORITY.NOT MARKET AUTHORITY.
Clearing, settlement, resolution, deposit guarantee and prudential conditions are distinct institutional states. Their determination creates neither market-infrastructure authority nor Execution Permission.
DOMAIN_SURFACE = true · EXECUTION_AUTHORITY = false
FMI
BRRD · EMIR · CSDR
DGSD · BASEL LIQUIDITY
STATE ≠ AUTHORITY
DGSD · BASEL LIQUIDITY
STATE ≠ AUTHORITY
RESOLUTION
gateBRRD
Recovery, resolution, bail-in and MREL-related determination.
CLEARING
gateEMIR
Derivatives and clearing conditions within defined scope.
SETTLEMENT
gateCSDR
CSD authorization, settlement discipline, finality and segregation state.
DEPOSIT GUARANTEE
gateDGSD
Deposit eligibility, repayment state, funding and cross-border cooperation.
PRUDENTIAL
gateBaselLiquidity
Capital and liquidity dependencies within the defined prudential scope.
GATE PASS ≠ EXECUTION PERMISSION · INFRASTRUCTURE STATE ≠ INSTITUTIONAL AUTHORITY