securities lending

Definitions over time (1)

01/01/2019 – today applies on 12/11/2026 Article 2, Regulation (EU) 2017/1131 Scope: Whole act

For the purposes of this Regulation, the following definitions apply:

‘securities lending’ and ‘securities borrowing’ mean any transaction in which an institution or its counterparty transfers securities subject to a commitment that the borrower will return equivalent securities at some future date or when requested to do so by the transferor, that transaction being known as ‘securities lending’ for the institution transferring the securities and being known as ‘securities borrowing’ for the institution to which they are transferred;

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