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dbis_docs/onboarding_package/templates/Instrument_of_Accession_Template.md

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INSTRUMENT OF ACCESSION

Template for Member State Accession to DBIS

Document Number: DBIS-MEM-ACC-[MEMBER-NUMBER]
Version: 1.0
Date: [Enter date in ISO 8601 format: YYYY-MM-DD, e.g., 2024-01-15]
Classification: UNCLASSIFIED
Authority: DBIS Sovereign Control Council


PREAMBLE

WHEREAS the [Official Name of Entity] (hereinafter "the Member") has applied for membership in the Digital Bank of International Settlements (DBIS);

WHEREAS the Sovereign Control Council of DBIS has approved the Member's application for membership by Resolution [Resolution Number] dated [YYYY-MM-DD];

WHEREAS the Member accepts the DBIS Constitutional Charter, Articles of Governance, and Statutory Code;

NOW, THEREFORE, the Member hereby executes this Instrument of Accession.


ARTICLE I: ACCESSION

Section 1.1: Formal Accession

By execution of this Instrument, [Official Name of Entity] hereby accedes to membership in the Digital Bank of International Settlements (DBIS) and accepts all rights and obligations of membership as set forth in the DBIS Constitutional Charter, Articles of Governance, and Statutory Code.

Section 1.2: Effective Date

This Instrument of Accession shall become effective upon:

  • Execution by the Member's authorized representative
  • Receipt and acceptance by DBIS
  • Payment of initial membership contribution
  • Completion of integration procedures

Effective Date: [Enter effective date in ISO 8601 format: YYYY-MM-DD]


ARTICLE II: ACCEPTANCE OF DBIS DOCUMENTS

Section 2.1: Charter Acceptance

The Member accepts the DBIS Constitutional Charter in its entirety and agrees to be bound by all provisions thereof.

Section 2.2: Articles Acceptance

The Member accepts the DBIS Articles of Governance in their entirety and agrees to comply with all provisions thereof.

Section 2.3: Statutory Code Acceptance

The Member accepts the DBIS Statutory Code (Titles I-XX) in its entirety and agrees to comply with all provisions thereof.


ARTICLE III: MEMBERSHIP RIGHTS AND OBLIGATIONS

Section 3.1: Membership Rights

The Member shall have:

  • Right to representation in the Sovereign Control Council
  • Right to vote on matters before the SCC
  • Right to access DBIS services and facilities
  • Right to receive information and reports
  • Other rights as specified in the Charter and Articles

Section 3.2: Membership Obligations

The Member shall:

  • Comply with the Charter, Articles, and Statutory Code
  • Pay annual membership fees as determined by SCC
  • Make initial contribution as specified
  • Participate in governance as required
  • Fulfill all membership obligations

ARTICLE IV: FINANCIAL COMMITMENTS

Section 4.1: Initial Contribution

The Member commits to make an initial contribution of:

  • Amount: [Enter amount]
  • Currency: [Enter currency]
  • Payment Date: [Enter payment date in ISO 8601 format: YYYY-MM-DD]
  • Payment Method: [Specify payment method]

Section 4.2: Annual Membership Fees

The Member commits to pay annual membership fees as determined by the SCC, with first payment due on [Enter date in ISO 8601 format: YYYY-MM-DD].


ARTICLE V: INTEGRATION

Section 5.1: Integration Commitment

The Member commits to complete integration procedures as specified in the DBIS Integration Manuals within [Enter timeline, e.g., "6 months"] of accession.

Section 5.2: Integration Support

DBIS will provide integration support as specified in the Integration Manuals.


ARTICLE VI: REPRESENTATION

Section 6.1: SCC Representative

The Member designates the following representative to the Sovereign Control Council:

  • Name: _________________________
  • Title: _________________________
  • Email: _________________________
  • Phone: _________________________

Alternate Representative:

  • Name: _________________________
  • Title: _________________________
  • Email: _________________________
  • Phone: _________________________

ARTICLE VII: EXECUTION

Section 7.1: Execution

This Instrument is executed by the Member's authorized representative.

Signature: _________________________
Name: _________________________
Title: _________________________
Date: [Enter date in ISO 8601 format: YYYY-MM-DD, e.g., 2024-01-15]
Seal/Stamp: [If applicable]


Section 7.2: Acceptance by DBIS

Accepted by DBIS:

Signature: _________________________
Name: [Executive Director Name]
Title: Executive Director, DBIS
Date: [Enter date in ISO 8601 format: YYYY-MM-DD, e.g., 2024-01-15]
Seal: [DBIS Seal]


ARTICLE VIII: DEPOSIT

Section 8.1: Deposit

This Instrument shall be deposited with DBIS archives and maintained as an official record.

Deposit Date: [Enter date in ISO 8601 format: YYYY-MM-DD]
Deposit Number: [DBIS to assign]


END OF INSTRUMENT OF ACCESSION