Article 44 2.

covered deposits;

secured liabilities including covered bonds and liabilities in the form of financial instruments used for hedging purposes which form an integral part of the cover pool and which according to national law are secured in a way similar to covered bonds;

any liability that arises by virtue of the holding by the institution or entity referred to in point (b), (c) or (d) of Article 1(1) of this Directive of client assets or client money including client assets or client money held on behalf of UCITS as defined in Article 1(2) of Directive 2009/65/EC or of AIFs as defined in point (a) of Article 4(1) of Directive 2011/61/EU of the European Parliament and of the Council ( 11 ), provided that such a client is protected under the applicable insolvency law;

any liability that arises by virtue of a fiduciary relationship between the institution or entity referred to in point (b), (c) or (d) of Article 1(1) (as fiduciary) and another person (as beneficiary) provided that such a beneficiary is protected under the applicable insolvency or civil law;

liabilities to institutions, excluding entities that are part of the same group, with an original maturity of less than seven days;

dliteanais a bhfuil aibíocht níos lú ná seacht lá fágtha iontu, atá dlite do chórais nó d'oibreoirí córas atá ainmnithe i gcomhréir le Treoir 98/26/CE nó dá rannpháirtithe agus a thagann as rannpháirtíocht i gcóras den chineál sin, nó do contrapháirtithe lárnacha arna n-údarú san Aontas de bhun Airteagal 14 de Rialachán (AE) Uimh. 648/2012 agus contrapháirtithe lárnacha de chuid tríú tíortha arna n-aithint ag ESMA de bhun Airteagal 25 den Rialachán sin;

a liability to any one of the following:

dliteanais, chuig institiúidí nó eintitis dá dtagraítear i bpointí (b), (c) nó (d) d'Airteagal 1(1) a bhaineann leis an ngrúpa réitigh céanna ach nach eintitis réitigh iad féin per se, gan beann ar a gcuid aibíochtaí, seachas i gcás inarb ísle rangú do na dliteanais sin ná do ghnáthdhliteanais neamhurraithe faoin dlí ábhartha náisiúnta lena rialaítear gnáthimeachtaí dócmhainneachta agus is infheidhme ar dháta trasuí na Treorach seo; i gcásanna ina bhfuil feidhm ag an eisceacht sin, déanfaidh údarás réitigh na fochuideachta ábhartha nach eintiteas réitigh a mheasúnú cé acu is leor nó nach leor líon na n-ítimí a chomhlíonann Airteagal 45f(2) chun go gcuirfí chun feidhme straitéis réitigh na tosaíochta.