22. For the purposes of paragraph 20, institutions may rely on a single legal opinion covering …

For the purposes of paragraph 20, institutions may rely on a single legal opinion covering several jurisdictions. In particular, where international regulations exist in the form of international law or another form of international agreement, the legal opinion may span some or all jurisdictions where these regulations are adopted. In this case, the legal opinion should at least:

• (a) consider whether the regulations ensure legal effectiveness and enforceability of the collateral in all jurisdictions in which the regulations are applicable;
• (b) clearly identify all jurisdictions in which the regulations are applicable;
• (c) clearly identify all forms of collateral that are subject to the regulations.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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