Commission Delegated Regulation (EU) 2023/450 of 25 November 2022 supplementing R... (32023R0450)
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Commission Delegated Regulation (EU) 2023/450 of 25 November 2022 supplementing Regulation (EU) 2021/23 of the European Parliament and of the Council with regard to regulatory technical standards specifying the order in which CCPs are to pay the recompense referred to in Article 20(1) of Regulation (EU) 2021/23, the maximum number of years during which those CCPs are to use a share of their annual profits for such payments to possessors of instruments recognising a claim on their future profits and the maximum share of those profits that is to be used for those payments (Text with EEA relevance)
- COMMISSION DELEGATED REGULATION (EU) 2023/450
- of 25 November 2022
- supplementing Regulation (EU) 2021/23 of the European Parliament and of the Council with regard to regulatory technical standards specifying the order in which CCPs are to pay the recompense referred to in Article 20(1) of Regulation (EU) 2021/23, the maximum number of years during which those CCPs are to use a share of their annual profits for such payments to possessors of instruments recognising a claim on their future profits and the maximum share of those profits that is to be used for those payments
- (Text with EEA relevance)
- Article 1
- Order in which the recompense referred to in Article 20(1) of Regulation (EU) 2021/23 is to be paid
- Article 2
- Maximum share of the CCP’s annual profits that is to be used towards payments relating to instruments recognising a claim on future profits of the CCP
- Article 3
- Maximum number of years during which the possessor is entitled to receive payments from the CCP until the loss has been recouped
- Article 4
- Entry into force
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