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Retour au sommaire ⬅️ | ➡️ Article 2 – Retainers of a material net economic interest
Article 1 - Definitions
For the purposes of this Regulation, the following definitions shall apply:
(a)
‘synthetic form of retention’ means the retention of a material net economic interest through the use of derivative instruments;
(b)
‘contingent form of retention’ means the retention of a material net economic interest through the use of credit support that ensures an immediate enforcement of the retention, including by guarantees, letters of credit, or similar forms of credit support.