non-default event
Defined in Article 2, Regulation (EU) 2021/23
Definitions over time (1)
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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