| Tri-party repurchase transaction (tri-party transaction) | means a repurchase transaction where the cash/collateral is received in deposit and managed by a tri-party agent. means a repurchase agreement whereby the counterparties appoint a tri-party agent to act as |
| Tri-party repurchase agreement (tri-party repo) | their agent and facilitate collateral management services during the execution of tri-party transactions. means the agreement between an institution and a |
| Collateral management service agreement ( service agreement ) | tri-party agent for the management of collateral provided to the institution in the context of the execution of a tri-party transaction. means a third party that executes collateral management services, which may include payments and/or delivery of securities, safekeeping and |
| Tri-party agent | administration services of securities including collateral selection and custodianship for the account of the counterparties to a tri-party transaction. |
| WITH REGARD TO ‘TRI-PARTY REPURCHASE TRANSACTIONS’ | AS SPECIFIED IN ARTICLE 403(3) CRR means the third party issuing the security that is received by the institution as collateral for a tri-party |
| Collateral issuer | transaction as referred to in point (b) of Article 403(1) and points (a) and (b) of Article 403(3) of Regulation (EU) No 575/2013. means the approach whereby an institution replaces the total amount of the institution’s exposures to a collateral issuer due to a tri-party repo facilitated by a tri-party agent with the full amount of the limits |
| Alternative treatment | that that institution has instructed the tri-party agent to apply to the securities issued by the same collateral issuer in accordance with Article 403(3) of Regulation (EU) No 575/2013. mean the limits communicated by an institution to a tri-party agent, applicable to the securities issued by |
| Specified limits | the collateral issuer as referred to in point (b) of Article 403(3) of Regulation (EU) No 575/2013. |