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New version applies from 15/04/2021 — introduced by Commission Delegated Regulation (EU) 2021/529. 23 provisions change. Later versions: 03/05/2022, 05/06/2023, 01/01/2024, 02/03/2026. Article 15 changes in this version: compare with the current text.

Article 15 - Transactions to which the exemption in Article 1(6) of Regulation (EU) No 600/2014 does not apply (Article 1(7) of Regulation (EU) No 600/2014)

Article 15
Transactions to which the exemption in Article 1(6) of Regulation (EU) No 600/2014 does not apply (Article 1(7) of Regulation (EU) No 600/2014)

Article 1(6) of Regulation (EU) No 600/2014 shall not apply to the following types of transactions entered into by a member of the ESCB for the performance of an investment operation that is unconnected with that member's performance of one of the tasks referred to in Article 14:

((a))

transactions entered into for the management of its own funds;

((b))

transactions entered into for administrative purposes or for the staff of the member of the ESCB which include transactions conducted in the capacity as administrator of a pension scheme for its staff;

((c))

transactions entered into for its investment portfolio pursuant to obligations under national law.

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