unknown client
Defined in Article 2, Commission Delegated Regulation (EU) No 1187/2014
Definitions over time (1)
-
27/11/2014 – today applies on 11/11/2026 Article 2, Commission Delegated Regulation (EU) No 1187/2014 Scope: Whole act
For the purposes of this Regulation the following definitions shall apply:
‘unknown client’ means a single hypothetical client to which the institution assigns all exposures for which it has not identified the obligor, provided that Article 6(2)(a) and (b) and Article 6(3)(a) of this Regulation are not applicable.