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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 28 December 2001 - onwards
    Version 1 of 1    

Article 1

For the purpose of this Regulation, the following definitions shall apply:

1. "Funds, other financial assets and economic resources" means assets of every kind, whether tangible or intangible, movable or immovable, however acquired, and legal documents or instruments in any form, including electronic or digital, evidencing title to, or interest in, such assets, including, but not limited to, bank credits, travellers' cheques, bank cheques, money orders, shares, securities, bonds, drafts and letters of credit.

2. "Freezing of funds, other financial assets and economic resources" means the prevention of any move, transfer, alteration, use of or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management.

3. "Financial services" means any service of a financial nature, including all insurance and insurance-related ser

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