18. For that purpose, the financial collateral arrangement should provide that credit institutions …

For that purpose, the financial collateral arrangement should provide that credit institutions undertake and warrant that no low-risk asset provided as collateral is being simultaneously encumbered or used as collateral in favour of any third party or to secure another already existing obligation towards the DGS, and undertake that no asset used under the security financial collateral arrangement will be given as collateral to any third party.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/