systemic risk
Definitions over time (1)
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12/08/2014 – 06/12/2017 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act
‘systemic risk’ means the risk of a participant or the SIPS operator not meeting their respective obligations in a SIPS will cause other participants and/or the SIPS operator to be unable to meet their obligations when they become due, potentially with spillover effects threatening the stability of or confidence in the financial system;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 11/11/2026)
No text uses this concept on 11/11/2026.