The Use of Standard Settlement Instructions (SSI's) Is Strongly Encouraged

question 293

Multiple Choice

The use of standard settlement instructions (SSI's) is strongly encouraged because:

• A) It reduces operational risk.
• B) It splits differences arising from failed settlement between the two counterparties.
• C) It removes the need for sending out SWIFT payment authorisations.
• D) All of the above.

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Definitions:

Otoliths

Small calcium carbonate crystals in the inner ear that, along with hair cells, help to detect gravity and linear accelerations, contributing to balance and spatial orientation.

Macula

A specialized region in the center of the retina responsible for sharp, detailed central vision.

Static Equilibrium

A state where an object is at rest and the sum of all forces and torques acting on it is zero, resulting in no movement.

Dynamic Equilibrium

A state of balance between continuing processes, often referring to the balance of substances in a chemical reaction.