Decision (EU) 2025/1734 of the ECB Article 1: Definitions

Article 1 - Definitions

Article 1

Definitions

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For the purposes of this Decision, the following definitions apply:

((1))

‘central counterparty’ or ‘CCP’ means a central counterparty that is authorised under Regulation (EU) No 648/2012;

((2))

‘eligible CCP’ means an eligible CCP as defined in Article 2, point (26a), of Guideline (EU) 2022/912 (ECB/2022/8);

((3))

‘CCP credit facility’ means the CCP credit facility as defined in Article 2, point (18a), of Guideline (EU) 2022/912 (ECB/2022/8);

((4))

‘euro area NCB’ means euro area NCB as defined in Article 2, point (27), of Guideline (EU) 2022/912 (ECB/2022/8);

((5))

‘Eurosystem central bank’ means the European Central Bank (ECB) or a euro area NCB;

((6))

‘private funding arrangement’ means a funding arrangement other than a borrowing facility that may be accessible through a euro area NCB;

((7))

‘private liquidity provider’ means a liquidity provider other than a euro area NCB.