Financial Collateral Arrangements (No. 2) Regulations 2003U.K.
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Memorandwm Esboniadol
61. In regulation 3(1) (interpretation) of the Financial Collateral Arrangements (No. 2) Regulations 2003 M1 for the definition of “credit claims” substitute—
““credit claims” means pecuniary claims which arise out of an agreement whereby a credit institution, as defined in Article 4(1)(1) of Regulation (EU) 575/2013 of the European Parliament and of the Council of 26 June 2013, and including the institutions listed in Article 2(5)(2) to (23) of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013, grants credit in the form of a loan;”.
Marginal Citations
M1S.I. 2003/3226. Regulation 3 was amended by S.I. 2010/2993.