Differences
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| fxdemo:07-part:10-relationship-to-cost-recovery-compensation-and-settlement:10-1-service-compensation:start [2026/07/11 11:11] – ↷ Links adapted because of a move operation nick_dido | fxdemo:07-part:10-relationship-to-cost-recovery-compensation-and-settlement:10-1-service-compensation:start [2026/07/11 11:15] (current) – ↷ Links adapted because of a move operation nick_dido | ||
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| - | Service Compensation recognises governed work performed by a [[dido:99_annexes: | + | Service Compensation recognises governed work performed by a [[dido: |
| The Governed Node Service Market does not compensate a participant merely because it exists, connects to the market, advertises a service, or receives eligibility for a governed function. Compensation depends on completed governed work, recognised assignment, applicable Cost Rules, required evidence, and the absence of disqualifying non-performance or under-compliance conditions. | The Governed Node Service Market does not compensate a participant merely because it exists, connects to the market, advertises a service, or receives eligibility for a governed function. Compensation depends on completed governed work, recognised assignment, applicable Cost Rules, required evidence, and the absence of disqualifying non-performance or under-compliance conditions. | ||
| - | Service Compensation, | + | Service Compensation, |
| Service Compensation also preserves the distinction between financial-system value and service-provider compensation. In an FX context, the exchange rate, transaction value, and settlement amount do not define the service compensation owed to a Node. The Node receives compensation for governed work, such as validation, screening, policy evaluation, evidence recording, or settlement-support processing, in accordance with the applicable Cost Rule and evidence obligations. | Service Compensation also preserves the distinction between financial-system value and service-provider compensation. In an FX context, the exchange rate, transaction value, and settlement amount do not define the service compensation owed to a Node. The Node receives compensation for governed work, such as validation, screening, policy evaluation, evidence recording, or settlement-support processing, in accordance with the applicable Cost Rule and evidence obligations. | ||