financial obligations
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 11/11/2026 Article 2, Regulation (EU) 2025/1355 of the ECB Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘financial obligations’ means legal obligations arising, within the SIPS, between participants or between participants and the SIPS operator, as a consequence of transfer orders being entered into that SIPS;