segregation
Defined in Article 3, Directive (EU) 2019/2162
Definitions over time (1)
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For the purposes of this Directive, the following definitions apply:
‘segregation’ means the actions performed by a credit institution issuing covered bonds to identify cover assets and put them legally beyond the reach of creditors other than covered bond investors and counterparties of derivative contracts;
Earlier definition records in this act (1)
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- Article 3(6) Historical · definitions end 09/01/2024
Used in (11 places in 7 provisions on 12/11/2026)
Directive (EU) 2019/2162 (11 in 7)
Recital 6 · Recital 173 · Recital 21 · Article 3 · Article 123 · Article 21 · Article 23