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 German  Spanish

If the ECB is not the ancillary system's CB, the ECB shall be deemed instructed to issue the abovementioned guarantee to the ancillary system's CB." [EU] If the ECB is not the ancillary system's CB, the ECB shall be deemed instructed to issue the abovementioned guarantee to the ancillary system's CB.».

Such standing instruction or a change to such instruction shall take effect from liquidity on their behalf if the relevant ancillary system so requests." [EU] Participants shall be deemed to have instructed the ECB to dedicate liquidity on their behalf if the relevant ancillary system so requests.».

The example sentences were kindly provided by:
[I] IndustryStock.com, [L] spanisch-lehrbuch.de.
Sentences marked by [EU] derived from DGT Multilingual Translation Memory. The European Commission retains ownership of the copyright in the original data.
No guarantee of accuracy or completeness!
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