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reuse

Defined in 1 EU act of the Finance group: SFTR First

SFTR, Article 3(12) First adopted 2015-11-25

Own text citing 32002L0047, Article 5 (not in this group).

the use by a receiving counterparty, in its own name and on its own account or on the account of another counterparty, including any natural person, of financial instruments received under a collateral arrangement, such use comprising transfer of title or exercise of a right of use in accordance with Article 5 of Directive 2002/47/EC but not including the liquidation of a financial instrument in the event of default of the providing counterparty

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