central counterparty
Defined in Article 2, Directive (EU) 2025/1 (IRRD)
Definitions over time (1)
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For the purposes of this Directive, the following definitions apply:
‘central counterparty’ (CCP) means a CCP as defined in Article 2, point (1), of Regulation (EU) No 648/2012 of the European Parliament and of the Council (^{14});