Gaois

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  1. FINANCE|financial institutions and credit

    #657350

    IATE #3571574
    ranníocaíocht neamhchistithe le ciste mainneachtana Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
    ga
    unfunded contribution to a default fund
    en
    Definition "a contribution that an institution acting as a clearing member has contractually committed to provide to a CCP [ IATE:843493 ] after the CCP has depleted its default fund to cover the losses it incurred following the default of one or more of its clearing members" Reference "Proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements and amending Regulation (EU) No 648/2012 CELEX:52016PC0850"