systemic risk
Defined in Article 2, Regulation (EU) No 795/2014 of the ECB
Definitions over time (1)
-
06/12/2017 – today applies on 11/11/2026 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act
‘systemic risk’ means the risk of a participant or the SIPS operator not meeting their respective obligations in a SIPS will cause other participants and/or the SIPS operator to be unable to meet their obligations when they become due, potentially with spillover effects threatening the stability of or confidence in the financial system;
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(3) Historical · definitions end 06/12/2017