reimbursement

Definitions over time (1)

29/08/2023 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2023/1615 Scope: Whole act

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

‘reimbursement’ means the recompense or compensation clearing members receive in accordance with Article 27(6) of Regulation (EU) 2021/23, including instruments of ownership, debt instruments or instruments recognising a claim on the CCP’s future profits, or any cash equivalent of such recompense or compensation or any proceeds they receive following a claim made in accordance with Article 62 of Regulation (EU) 2021/23 including where any of these amounts, referred to under those articles, are passed on to a clearing service user;