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🔗 Back to Summary. 🇫🇷 French Version: 2021R0023_FR.65. Open the PDF. Direct link to EUR-LEX.
Article 64 – Recoupment of payments ⬅️ | ➡️ Article 66 – Protection for financial collateral, set off and netting arrangements
Article 65 - Safeguard for counterparties in partial transfers
The protections provided for in Articles 66, 67 and 68 shall apply in the following circumstances:
(a)
where the resolution authority transfers some but not all of the assets, rights, obligations or liabilities of a CCP under resolution to another entity or, in the application of a resolution tool, from a bridge CCP to a purchaser; and
(b)
where the resolution authority exercises the powers referred to in point (g) of Article 49(1).