Info
🔗 Back to Summary. 🇫🇷 French Version: 2016R2251_FR.23. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 22 – Own estimates of the adjusted value of collateral ⬅️ | ➡️ Article 24 – Non-financial counterparties and third-country counterparties
Article 23 - CCPs authorised as credit institutions
By way of derogation from Article 2(2), counterparties may provide in their risk management procedures that no collateral is exchanged in relation to non-centrally cleared OTC derivative contracts entered into with CCPs authorised as credit institutions in accordance with Directive 2013/36/EU.