+Article 67 Protection for security arrangements
---+Article 67 (a)
---+Article 67 (b)
---+Article 67 (c)
---+Article 67 (d)

Article 67 Protection for security arrangements

The resolution authority shall ensure that the application of a resolution tool does not result in any of the following with respect to security arrangements between a CCP under resolution and other parties to those arrangements:

1. Overview

Summary	Regulation
Article 67 (a)	the transfer of assets against which the liability is secured unless that liability and benefit of the security are also transferred;
Article 67 (b)	the transfer of a secured liability unless the benefit of the security is also transferred;
Article 67 (c)	the transfer of the benefit of the security unless the secured liability is also transferred;
Article 67 (d)	the modification or termination of a security arrangement through the use of ancillary powers, if the effect of that modification or termination is that the liability ceases to be secured.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

Builddate: 22.01.2021 00:00:00 -Doknr: CELEX:32021R0023
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