1. Irish Financial Services Law
  2. Legislation (IE)
  3. Statutory Instruments
  4. 2004
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  1. European Communities (Financial Collateral Arrangements) Regulations, 2004 [S.I. No. 1 of 2004]
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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]

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Introductory Text
Part 1 Preliminary Provisions (regs. 1-6)
Revoked
 Regulation 1 Citation and commencement of Regulations
Revoked
 Regulation 2 Purpose of these Regulations
Revoked
 Regulation 3 Definitions
Revoked
 Regulation 4 Application of these Regulations
Revoked
 Regulation 5 Formal requirements with respect to financial collateral arrangements and the provision of financial collateral
Revoked
 Regulation 6 Parts 2, 3 and 4 not to limit other State laws
Part 2 Enforcement of Financial Collateral Arrangements (regs. 7-8)
Revoked
 Regulation 7 Right of collateral taker to enforce security financial collateral arrangement
Revoked
 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)
Revoked
 Regulation 9 Right of collateral taker to use financial collateral if arrangement so provides
Revoked
 Regulation 10 Use of financial collateral by collateral taker not to render invalid or unenforceable rights of collateral taker
Revoked
 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)
Revoked
 Regulation 12 Recognition of title transfer financial collateral arrangements
Revoked
 Regulation 13 Recognition of close-out netting provisions
Part 5 Disapplication of Certain Insolvency Provisions (regs. 14-17)
Revoked
 Regulation 14 Financial collateral arrangements and financial collateral not to be invalidated or voided
Revoked
 Regulation 15 Certain financial collateral arrangements, etc. to be enforceable against third parties
Revoked
 Regulation 16 Provision of financial collateral not to be invalidated or declared void by certain events
Revoked
 Regulation 17 How these Regulations relate to general law of State relating to insolvency
Part 6 Supplementary Provision (regs. 18-19)
Revoked
 Regulation 18 Conflict of laws
Revoked
 Regulation 19 Relationship between these Regulations and Credit Institutions (Stabilisation) Act 2010
Given under
Explanatory Note
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