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New version applies from 17/09/2014 — introduced by Regulation (EU) No 909/2014 (CSDR). 26 provisions change. Later versions: 27/06/2019, 08/04/2024. Recital 18 changes in this version: compare with the current text.

Recital 18

Recital 18

(18)Whereas collateral security should be insulated from the effects of the insolvency law applicable to the insolvent participant;

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