buy-sell back transaction
Definitions over time (1)
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12/01/2016 – 12/08/2022 Article 3, Regulation (EU) 2015/2365 Scope: Whole act Also: sell-buy back transaction
For purposes of this Regulation, the following definitions apply:
‘buy-sell back transaction’ or ‘sell-buy back transaction’ means a transaction by which a counterparty buys or sells securities, commodities, or guaranteed rights relating to title to securities or commodities, agreeing, respectively, to sell or to buy back securities, commodities or such guaranteed rights of the same description at a specified price on a future date, that transaction being a buy-sell back transaction for the counterparty buying the securities, commodities or guaranteed rights, and a sell-buy back transaction for the counterparty selling them, such buy-sell back transaction or sell-buy back transaction not being governed by a repurchase agreement or by a reverse-repurchase agreement within the meaning of point (9);
Other definitions of this term in this act (1)
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