commodities borrowing
as defined in Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25…, Article 3, point (7) (Definitions)
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(7) |
‘securities or commodities lending’ or ‘securities or commodities borrowing’ means a transaction by which a counterparty transfers securities or commodities subject to a commitment that the borrower will return equivalent securities or commodities on a future date or when requested to do so by the transferor, that transaction being considered as securities or commodities lending for the counterparty transferring the securities or commodities and being considered as securities or commodities borrowing for the counterparty to which they are transferred; |