FINANCE
- scoite ó fhéimheacht Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- insolvenzgeschützt | insolvenzfest | insolvenzfern | konkursfest
- de
- Definition in Bezug auf Vermögenswerte der Umstand, dass wirksameVereinbarungen bestehen, die verhindern, dass bei Insolvenz die Gläubiger auf die Vermögenswerte zugreifen können Reference "Vorschlag für eine Verordnung über Aufsichtsanforderungen an Kreditinstitute und Wertpapierfirmen Teil 1 KOM(2011) 452 endg. http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SPLIT_COM:2011:0452%2801%29:FIN:DE:PDF (24.2.2012)"
- bankruptcy remote | bankruptcy-remote
- en
- Definition in relation to covered bonds a term used to describe the fact that assets funded by covered bonds form a ring-fenced (encumbered) cover pool, which is segregated from the general insolvency estate and exclusively available to meet outstanding claims of covered bond holders Reference "Council-Terminology Coordination, based on European Mortgage Federation/European Covered Bond Council, ECBC European Covered Bond Fact Book, 2009 (5.6.2024), and Bank of Canada, Financial System Review, Covered Bonds as a Source of Funding for Banks’ Mortgage Portfolios, June 2018 (5.6.2024)"
- Comment 1) Also used to describe a company within a corporate group whose bankruptcy has as little economic impact as possible on other entities within the group, or an entity formed to own and operate a special project while isolating financial risk and minimizing bankruptcy risk, where the entity's sole asset often is the property securing a loan or debt obligation and whose sole purpose is to own and manage such property, frequently in the context of mortgage securitizations. 2) For the purpose of the CRR ‘bankruptcy remote’, in relation to client assets, means that effective arrangements exist which ensure that those assets will not be available to the creditors of a CCP or of a clearing member in the event of the insolvency of that CCP or clearing member respectively, or that the assets will not be available to the clearing member to cover losses it incurred following the default of a client or clients other than those that provided those assets
- jouissant d'une réelle autonomie patrimoniale
- fr
- Definition le fait, pour des actifs de clients, d'être hors d'atteinte des créanciers d'une contrepartie centrale ou d'un membre compensateur en cas d'insolvabilité d'une de ces entités ou d'être hors d'atteinte du membre compensateur souhaitant couvrir les pertes qu'il a subies du fait de la défaillance d'un ou de plusieurs clients autres que ceux ayant fourni ces actifs Reference "Conseil-FR, d'après Règlement (UE) n° 575/2013 concernant les exigences prudentielles applicables aux établissements de crédit et aux entreprises d'investissement et modifiant le règlement (UE) n° 648/2012"