Relevant financial obligations

Defined in Article 2, Directive 2002/47/EC

Uses as of 01/07/2016

Definitions over time (2)

1. 12/08/2022 – today Article 2, Directive 2002/47/EC Scope: Whole act

   Relevant financial obligations may consist of or include: present or future, actual or contingent or prospective obligations (including such obligations arising under a master agreement or similar arrangement); obligations owed to the collateral taker by a person other than the collateral provider; or obligations of a specified class or kind arising from time to time;

2. 30/06/2009 – today applies on 01/07/2016 Article 2, Directive 2002/47/EC Scope: Whole act

   ‘relevant financial obligations’ means the obligations which are secured by a financial collateral arrangement and which give a right to cash settlement and/or delivery of financial instruments.

Used in (16 places in 7 provisions on 01/07/2016)

Directive 2002/47/EC (16 in 7)

Recital 10 · Recital 16 · Recital 17 · Article 2³ · Article 4⁴ · Article 5³ · Article 8³