Open on EUR-Lex ↗

Recital 7

Recital 7

(7)To ensure predictability and continuity of clearing services, clearing service providers should apply a notice period of not less than six months for termination of contracts or for changes that materially affect the agreed terms and conditions. A shorter termination period should be possible where it is reasonable and duly justified, including to control the risks involved in the provision of clearing services.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
7 queries · page built in 7 msInventory f82bbfa3