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  1. European Communities (Financial Collateral Arrangements) Regulations, 2010 [S.I. No. 626 of 2010]
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Published date: 21 December 2010

European Communities (Financial Collateral Arrangements) Regulations, 2010 [S.I. No. 626 of 2010]

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Introductory Text
Part 1 Preliminary provisions (regs. 1-5)
In force
 Regulation 1 Citation and commencement.
In force
 Regulation 2 Definitions
In force
 Regulation 3 Application of these Regulations
In force
 Regulation 4 Formal requirements with respect to financial collateral arrangements and provision of financial collateral
In force
 Regulation 5 Parts 2, 3 and 4 not to limit certain other State laws
Part 2 Enforcement of financial collateral arrangements (regs. 6-7)
In force
 Regulation 6 Right of collateral taker to enforce security financial collateral arrangement.
In force
 Regulation 7 Financial collateral arrangement to have effect despite winding-up proceedings or reorganisation measures
Part 3 Security financial collateral arrangements (regs. 8-10)
In force
 Regulation 8 Right of collateral taker to use financial collateral if arrangement so provides.
In force
 Regulation 9 Use of financial collateral by collateral taker not to render rights of collateral taker invalid or unenforceable.
In force
 Regulation 10 Non-compliance with certain obligations can be subject of close-out netting provision.
Part 4 Title transfer financial collateral arrangements (regs. 11-12)
In force
 Regulation 11 Recognition of title transfer financial collateral arrangements
In force
 Regulation 12 Recognition of close-out netting provisions
Part 5 Disapplication of certain insolvency provisions (regs. 13-17)
In force
 Regulation 13 Meaning of "commencement" in relation to winding-up proceedings, etc.
In force
 Regulation 14 Financial collateral arrangements and financial collateral not to be invalidated or voided.
In force
 Regulation 15 Certain financial collateral arrangements, etc., to be enforceable against third parties.
In force
 Regulation 16 Provision of financial collateral not to be invalidated or declared void by certain events.
In force
 Regulation 17 How these Regulations relate to general law of insolvency
Part 6 Supplementary provisions (regs. 18-19A)
In force
 Regulation 18 Conflict of laws.
In force
 Regulation 18A Relationship between these Regulations and Credit Institutions (Stabilisation) Act 2010 and Central Bank and Credit Institutions (Resolution) Act 2011
In force
 Regulation 19 Relationship with law giving effect to Consumer Credit Directive
In force
 Regulation 19A Relationship with law giving effect to the Bank Recovery and Resolution Directive
In force
 Regulation 19B Relationship with law giving effect to CCP Recovery and Resolution Regulation
Part 7 Revocation (reg. 20)
In force
 Regulation 20 Revocation of European Communities (Financial Collateral Arrangements) Regulations 2004.
Given under
Explanatory Note
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