icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
European Communities (Financial Collateral Arrangements) Regulations, 2004 [S.I. No. 1 of 2004]Introductory TextPart 1 Preliminary Provisions (regs. 1-6)Regulation 1 Citation and commencement of RegulationsRegulation 2 Purpose of these RegulationsRegulation 3 DefinitionsRegulation 4 Application of these RegulationsRegulation 5 Formal requirements with respect to financial collateral arrangements and the provision of financial collateralRegulation 6 Parts 2, 3 and 4 not to limit other State lawsPart 2 Enforcement of Financial Collateral Arrangements (regs. 7-8)Regulation 7 Right of collateral taker to enforce security financial collateral arrangementRegulation 8 Financial collateral arrangement to have effect despite winding-up proceedings or reorganisation measuresPart 3 Use of Financial Collateral under Security Financial Collateral Arrangements (regs. 9-11)Regulation 9 Right of collateral taker to use financial collateral if arrangement so providesRegulation 10 Use of financial collateral by collateral taker not to render invalid or unenforceable rights of collateral takerRegulation 11 Non compliance with requirement can be subject of close-out netting provisionPart 4 Recognition of Title Transfer Financial Collateral Arrangements and Close-Out Netting Provisions (regs. 12-13)Regulation 12 Recognition of title transfer financial collateral arrangementsRegulation 13 Recognition of close-out netting provisionsPart 5 Disapplication of Certain Insolvency Provisions (regs. 14-17)Regulation 14 Financial collateral arrangements and financial collateral not to be invalidated or voidedRegulation 15 Certain financial collateral arrangements, etc. to be enforceable against third partiesRegulation 16 Provision of financial collateral not to be invalidated or declared void by certain eventsRegulation 17 How these Regulations relate to general law of State relating to insolvencyPart 6 Supplementary Provision (regs. 18-19)Regulation 18 Conflict of lawsRegulation 19 Relationship between these Regulations and Credit Institutions (Stabilisation) Act 2010Given underExplanatory Note
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Whole document
Selected pages
Consolidated PDF of the entire document as of 6th January 2025
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
Next
Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Published date: 5 January 2004

European Communities (Financial Collateral Arrangements) Regulations, 2004 [S.I. No. 1 of 2004]

Introductory Text
Part 1 Preliminary Provisions (regs. 1-6)
Regulation 1 Citation and commencement of Regulations
Regulation 2 Purpose of these Regulations
Regulation 3 Definitions
Regulation 4 Application of these Regulations
Regulation 5 Formal requirements with respect to financial collateral arrangements and the provision of financial collateral
Regulation 6 Parts 2, 3 and 4 not to limit other State laws
Part 2 Enforcement of Financial Collateral Arrangements (regs. 7-8)
Regulation 7 Right of collateral taker to enforce security financial collateral arrangement
Regulation 8 Financial collateral arrangement to have effect despite winding-up proceedings or reorganisation measures
Part 3 Use of Financial Collateral under Security Financial Collateral Arrangements (regs. 9-11)
Regulation 9 Right of collateral taker to use financial collateral if arrangement so provides
Regulation 10 Use of financial collateral by collateral taker not to render invalid or unenforceable rights of collateral taker
Regulation 11 Non compliance with requirement can be subject of close-out netting provision
Part 4 Recognition of Title Transfer Financial Collateral Arrangements and Close-Out Netting Provisions (regs. 12-13)
Regulation 12 Recognition of title transfer financial collateral arrangements
Regulation 13 Recognition of close-out netting provisions
Part 5 Disapplication of Certain Insolvency Provisions (regs. 14-17)
Regulation 14 Financial collateral arrangements and financial collateral not to be invalidated or voided
Regulation 15 Certain financial collateral arrangements, etc. to be enforceable against third parties
Regulation 16 Provision of financial collateral not to be invalidated or declared void by certain events
Regulation 17 How these Regulations relate to general law of State relating to insolvency
Part 6 Supplementary Provision (regs. 18-19)
Regulation 18 Conflict of laws
Regulation 19 Relationship between these Regulations and Credit Institutions (Stabilisation) Act 2010
Given under
Explanatory Note
Next