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structured deposit

as defined in Directive 2014/65/EU of the European Parliament and of the Council of 15 May…, Article 4(1), point (43) (Definitions)

 (43) 

‘structured deposit’ means a deposit as defined in point (3) of Article 2(1) of Directive 2014/49/EU of the European Parliament and of the Council   (), which is fully repayable at maturity on terms under which interest or a premium will be paid or is at risk, according to a formula involving factors such as:

(a) 

an index or combination of indices, excluding variable rate deposits whose return is directly linked to an interest rate index such as Euribor or Libor;

(b) 

a financial instrument or combination of financial instruments;

(c) 

a commodity or combination of commodities or other physical or non-physical non-fungible assets; or

(d) 

a foreign exchange rate or combination of foreign exchange rates;

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