set-off arrangement

Defined in Article 2, Bank Recovery and Resolution Directive (BRRD)

Definitions over time (1)

  1. 20/07/2017 – today applies on 12/11/2026 Article 2, Bank Recovery and Resolution Directive (BRRD) Scope: Whole act

    For the purposes of this Directive the following definitions apply:

    ‘set-off arrangement’ means an arrangement under which two or more claims or obligations owed between the institution under resolution and a counterparty can be set off against each other;

Earlier definition records in this act (1)

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Used in (5 places in 4 provisions on 12/11/2026)

Bank Recovery and Resolution Directive (BRRD) (5 in 4)

Recital 95 · Article 2 · Article 76 · Article 772

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