Maestro Global Rules (PDF) - MasterCard

The Customer must:
Settlement and Reconciliation
10.11 Customer Insolvency and Settlement Liability—Europe Region Only
1. obtain the written agreement of any third party designee of the Customer
that may be given access to any funds owed by or to the Customer pursuant
to the Standards; and
2. guarantee any such third party designee’s compliance with all its obligations
to the Corporation under this subsection of the Rules.
10.11 Customer Insolvency and Settlement
Liability—Europe Region Only
NOTE
Compliance Zones
Regional Rules on this topic appear in Chapter 17, “Europe Region,” of this
rulebook.
The following table provides the noncompliance category that the
Corporation has assigned to the Standards described within this chapter.
These noncompliance categories are assigned for the purposes of imposing
assessments when warranted under the compliance framework, as described
in Chapter 3, of the Maestro Global Rules manual.
Rule Number/Rule Title Category
10.2 Settlement A
10.3 Reconciliation A
10.5 Collateral Collection through Settlement Accounts A
10.7 Interchange and Service Fees A
10.8 Establishment of Intracountry Interchange and Service Fees A
10.9 Cost Studies A
10.10 Risk of Loss A
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Maestro Global Rules • 9 November 2012 10-9