Article 192
- Description
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Definitions
- Main content
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For the purposes of this Chapter, the following definitions shall apply:
(1) ‘lending institution’ means the institution which has the exposure in question;
(2) ‘secured lending transaction’ means any transaction giving rise to an exposure secured by collateral which does not include a provision conferring upon the institution the right to receive margin at least daily;
(3) ‘capital market-driven transaction’ means any transaction giving rise to an exposure secured by collateral which includes a provision conferring upon the institution the right to receive margin at least daily;
(4) ‘underlying CIU’ means a CIU in the shares or units of which another CIU has invested.