funds

Definitions over time (1)

19/05/2024 – today applies on 12/11/2026 Article 2, Directive (EU) 2024/1226 Scope: Whole act

For the purposes of this Directive, the following definitions apply:

‘funds’ means financial assets and benefits of every kind, including, but not limited to: cash, cheques, claims on money, drafts, money orders and other payment instruments; deposits with financial institutions or other entities, balances on accounts, debts and debt obligations; publicly-traded and privately-traded securities and debt instruments, including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures and derivatives contracts; interest, dividends or other income on assets or value accruing from or generated by assets; credit, right of set-off, guarantees, performance bonds or other financial commitments; letters of credit, bills of lading, bills of sale; documents showing evidence of an interest in funds or financial resources; crypto-assets as defined in Article 3(1), point (5), of Regulation (EU) 2023/1114 of the European Parliament and of the Council (^{20});