active underlying exposure
Defined in Article 1, Commission Delegated Regulation (EU) 2020/1224
Definitions over time (1)
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23/09/2020 – today applies on 11/11/2026 Article 1, Commission Delegated Regulation (EU) 2020/1224 Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘active underlying exposure’ means an underlying exposure which, at the data cut-off date, may be expected to generate cash inflows or outflows in the future;