contractual cross product netting agreement

Definitions over time (2)

25/12/2019 – today applies on 11/11/2026 Article 272, Capital Requirements Regulation (CRR) Scope: Part III Title II Chapter 6

For the purposes of this Chapter and of Title VI of this Part, the following definitions shall apply:

‘contractual cross product netting agreement’ means a bilateral contractual agreement between an institution and a counterparty which creates a single legal obligation (based on netting of covered transactions) covering all bilateral master agreements and transactions belonging to different product categories that are included within the agreement;
28/06/2013 – 19/07/2016 Article 272, Capital Requirements Regulation (CRR) Scope: Part III Title II Chapter 6

For the purposes of this Chapter and of Title VI of this Part, the following definitions shall apply:

‘contractual cross product netting agreement’ means a bilateral contractual agreement between an institution and a counterparty which creates a single legal obligation (based on netting of covered transactions) covering all bilateral master agreements and transactions belonging to different product categories that are included within the agreement;

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