Directive 98/26/EC of the European Parliament and of the CouncilShow full title

1. Introductory Text

2. SECTION I SCOPE AND DEFINITIONS

   1. Article 1. The provisions of this Directive shall apply to: any system...

   2. Article 2. For the purpose of this Directive: ‘system’ shall mean a...

3. SECTION II NETTING AND TRANSFER ORDERS

   1. Article 3. (1) Transfer orders and netting shall be legally enforceable and...

   2. Article 4. Member States may provide that the opening of insolvency proceedings...

   3. Article 5. A transfer order may not be revoked by a participant...

4. SECTION III PROVISIONS CONCERNING INSOLVENCY PROCEEDINGS

   1. Article 6. (1) For the purpose of this Directive, the moment of...

   2. Article 7. Insolvency proceedings shall not have retroactive effects on the rights...

   3. Article 8. In the event of insolvency proceedings being opened against a...

5. SECTION IV INSULATION OF THE RIGHTS OF HOLDERS OF COLLATERAL SECURITY FROM THE EFFECTS OF THE INSOLVENCY OF THE PROVIDER

   1. Article 9. (1) The rights of a system operator or of a...

6. SECTION V FINAL PROVISIONS

   1. Article 10. (1) Member States shall specify the systems, and the respective...

   2. Article 10a. (1) The competent authorities shall cooperate with ESMA for the...

   3. Article 11. (1) Member States shall bring into force the laws, regulations...

   4. Article 12. No later than three years after the date mentioned in...

   5. Article 12a. By  28 June 2021 , the Commission shall review how Member...

   6. Article 13. This Directive shall enter into force on the day of...

   7. Article 14. This Directive is addressed to the Member States.