The clearing and settlement of securities and derivatives trades is done through three clearing organizations: the Canadian Derivatives Clearing Corporation, the Canadian Depository for Securities, and the Winnipeg Commodity Exchange Clearing Corporation.

BG: the specific commitments in respect of mode (4) on financial services are as well subject to the general limitations contained in the "all sectors" section.5.The admission to the market of new financial services or products may be subject to the existence of, and consistency with, a regulatory framework aimed at achieving the objectives indicated in Article 121.6.As a general rule and in a non discriminatory manner, financial institutions incorporated in a Member State of the Community must adopt a specific legal form.7.BG: insurance or banking activities, as well as securities trading and activities related thereto, are to be carried out separately by companies that are licensed for the supply of ...[+++]such services.8.HU: insurance, banking, securities and collective investment management services should be performed by legally separate and independently capitalised suppliers of financial services, although banks may be authorised to provide services in the securities field as well.9.HU: it is intended to bind direct branching once it is bound in the GATS, and under the conditions set therein.10.HU: the board of a financial institution should include at least two members, who are Hungarian citizens, residents in the meaning of the relevant foreign exchange regulations and have permanent residency in Hungary for at least one year.

BGB operates primarily in private and corporate retail banking, real estate financing, real estate services (investment fund and project business) and capital markets (money and securities dealings).

An International Central Securities Depository or ICSD is a securities settlement system which clears and settles international securities such as eurobonds (in which case the primary deposit is with the ICSD) or cross-border transactions in domestic securities (in which case the primary deposit is in the national CSD).

A person may use the name of a bank in a prospectus, offering, memorandum, takeover bid circular, advertisement, or a transaction related to securities, or in any other document in connection with a transaction related to securities where the use is required by law, or the bank has given its express written permission for the use.

(13) Issuance of securities having a similar type and/or class in the case of non-equity securities issued on the basis of an offering programme, including warrants and certificates in any form, as well as the case of securities issued in a continuous or repeated manner, should be understood as covering not only identical securities but also securities that belong in general terms to one category.