non-default event

Defined in Article 2, Regulation (EU) 2021/23

Definitions over time (1)

  1. 04/07/2020 – today applies on 12/11/2026 Article 2, Regulation (EU) 2021/23 Scope: Whole act

    For the purposes of this Regulation the following definitions apply:

    ‘non-default event’ means a scenario in which losses are incurred by a CCP for any reason other than a default event, including but not limited to, business, custody, investment, legal or operational failures or fraud, including failures resulting from cyber-attacks;

Used in (25 places in 15 provisions on 12/11/2026)

Regulation (EU) 2021/23 (25 in 15)

Recital 10 · Recital 182 · Recital 20 · Recital 27 · Recital 282 · Recital 40 · Recital 42 · Article 2 · Article 93 · Article 125 · Article 20 · Article 282 · Article 31 · Article 872 · Article 96

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