commercially reasonable replacement trade

Defined in Article 1, Commission Delegated Regulation (EU) 2016/1401

Definitions over time (1)

1. 12/09/2016 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2016/1401 Scope: Whole act

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

   ‘commercially reasonable replacement trade’ means a replacement trade entered into on a netted risk exposure basis, on terms consistent with common market practice and by making reasonable efforts to obtain best value for money.

Used in (10 places in 6 provisions on 12/11/2026)

Commission Delegated Regulation (EU) 2016/1401 (10 in 6)

Recital 14² · Recital 15 · Article 1 · Article 3⁴ · Article 6 · Article 8