custody risk
Defined in Article 2, Regulation (EU) No 795/2014 of the ECB
Definitions over time (1)
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06/12/2017 – today applies on 12/11/2026 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act
‘custody risk’ means the risk of incurring a loss on assets held in custody in the event of a custodian's or sub-custodian's insolvency, negligence, fraud, poor administration or inadequate recordkeeping;
Earlier definition records in this act (1)
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- Article 2(11) Historical · definitions end 06/12/2017