legacy asset
Defined in Article 2, Guideline (EU) 2021/2256 of the ECB
Definitions over time (1)
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11/11/2021 – today applies on 12/11/2026 Article 2, Guideline (EU) 2021/2256 of the ECB Scope: Whole act
‘legacy asset’ means a prohibited asset which was acquired by a member of a body or a member of staff prior to the prohibition of the asset or the prohibition becoming applicable to them, or which came into their possession at a later point in time due to circumstances over which they had no influence;