custody risk
Defined in Article 2, Regulation (EU) 2025/1355 of the ECB
Definitions over time (1)
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03/08/2025 – today applies on 12/11/2026 Article 2, Regulation (EU) 2025/1355 of the ECB Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘custody risk’ means the risk of incurring a loss on assets held in custody in the event of a custodian’s or sub-custodian’s insolvency, negligence, fraud, poor administration or inadequate record keeping;