(2)Commission Delegated Regulations (EU) 2015/2205 3 and 2016/1178 4 already contain a number of conditions under which OTC derivative contracts concluded by a covered bond entity in connection with a covered bond can be excluded from the clearing obligation.
Recital 2
- 4 Commission Delegated Regulation (EU) 2016/1178 of 10 June 2016 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation ( OJ L 195, 20.7.2016, p. 3 .) ↩
- 3 Commission Delegated Regulation (EU) 2015/2205 of 6 August 2015 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation ( OJ L 314, 1.12.2015, p. 13 .). ↩