Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
|
third-country law financial arrangement 01/06/2016 |
THIS DEFINITION ONLY APPLIES TO THE STAY IN RESOLUTION PART
means a financial arrangement which: (a) is governed by the law of a third country, and (b) contains a termination right or a security interest, the exercise or enforcement of which could be suspended or prevented or the application of which would be disregarded under the Special Resolution Regime if the financial arrangement were governed by the laws of any part of the United Kingdom. |
Instruments |