principal risk

Defined in Article 2, Regulation (EU) No 795/2014 of the ECB

Definitions over time (1)

1. 06/12/2017 – today applies on 11/11/2026 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act

   ‘principal risk’ means the risk that a counterparty will lose the full value involved in a transaction, i.e. either the risk that a seller of a financial asset will irrevocably deliver the asset, but not receive payment, or the risk that a buyer of a financial asset will irrevocably pay for, but not receive the asset;

Used in (2 places in 2 provisions on 11/11/2026)

Regulation (EU) No 795/2014 of the ECB (2 in 2)

Article 2 · Article 11