advantage
Defined in Article 2, Guideline (EU) 2021/2256 of the ECB
Definitions over time (1)
-
11/11/2021 – today applies on 12/11/2026 Article 2, Guideline (EU) 2021/2256 of the ECB Scope: Whole act
‘advantage’ means a gift, hospitality or other benefit – whether financial, in kind or of another nature – which is not agreed compensation for services delivered and to which the recipient is not otherwise entitled.