interoperability arrangement
as defined in Regulation (EU) No 600/2014 of the European Parliament and of the Council of…, Article 2(1), point (40) (Definitions)
(40)
‘interoperability arrangement’ means an interoperability arrangement as defined in Article 2(12) of Regulation (EU) No 648/2012;
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Also defined in
- Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central… 32012R0648, Article 2, point (12)
an arrangement between two or more CCPs that involves a cross-system execution of transactions