The RSP contract negotiation team consists of twelve members who work together to promote and facilitate the university`s research, education and communication activities, which have received extramurly support through the review and negotiation of the terms of the agreements. When reviewing awards agreements, each team member ensures that the conditions of the award documentation are related to federal law, national law, University of Wisconsin-Madison policies, research policies and sponsor programs, and the needs of researchers here at the University of Wisconsin-Madison. The information on the negotiation process is as follows: This is the system with which banks and brokerage firms enter into repo agreements with Banco de México on the same day. THE RSP AND SAGAPL are the systems used by Banco de México for the liquidity of payment systems. If a brokerage company is unable to meet its obligations at the end of its reassing agreements, Banco de México cancels transactions with the brokerage company and transfers them to the bank concerned. If a bank is unable to meet its obligations, the rean agreements are automatically renewed by one day. This renewal process can be repeated for 10 consecutive days. If the bank does not enter into a repo agreement at the end of the eleventh day, banco de México terminates it and holds the guarantees. With regard to Banco de México`s daily balance policy, any renusp agreement, automatically renewed for one day, is considered a charge on the bank`s SIAC account. Banco de México accepts repo agreements on securities issued in Mexico by the federal government, the Institute for the Protection of Bank Savings (IPAB) and Banco de México, as well as securities traded on secondary markets.
Currently, the interest rate for pension transactions is zero. Participants choose where the funds are credited: from their SIAC or SIDV accounts. The allocation and agreement of sponsored research projects on the University of Wisconsin-Madison campus is generally implemented through research and funding programs. The Contract Negotiation team in research and sponsored programs consists of several teams that verify the rewards and agreements of a large number of sponsors, including industry sponsors, non-profit organizations, national governments, the federal government and foreign institutions. To obtain liquidity from the RSP, a brokerage firm needs the authorization of at least one bank that sets a limit on the value of all repo contracts that the brokerage firm can enter into. In addition, banco de México sets a limit on the value of the pesos repurchase agreements allowed for each participant.