replacing instrument

Defined in Article 1, Decision (EU) 2018/546 of the ECB

Definitions over time (1)

1. 26/09/2021 – today applies on 11/11/2026 Article 1, Decision (EU) 2018/546 of the ECB Scope: Whole act

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

   ‘replacing instrument’ means the capital instrument which replaces the capital instrument to be reduced, repurchased, called or redeemed within the meaning of Article 78(1)(a) of Regulation (EU) No 575/2013;

Used in (6 places in 2 provisions on 11/11/2026)

Decision (EU) 2018/546 of the ECB (6 in 2)

Article 1² · Article 5⁴