+Article 6 Recognition of title transfer financial collateral arrangements
---+Article 6 1.
---+Article 6 2.
|
Article 6 Recognition of title transfer financial collateral arrangements
1. Overview
| Summary |
Regulation |
|
Article 6 1.
|
Member States shall ensure that a title transfer financial collateral arrangement can take effect in accordance with its terms.
|
|
Article 6 2.
|
If an enforcement event occurs while any obligation of the collateral taker to transfer equivalent collateral under a title transfer financial collateral arrangement remains outstanding, the obligation may be the subject of a close-out netting provision.
|
,
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
|