repurchase agreement
as defined in Council Directive 93/6/EEC of 15 March 1993 on the capital adequacy of…, Article 2, point (17)
any agreement in which an institution or its counter-party transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognized exchange which holds the rights to the securities and the agreement does not allow an institution to transfer or pledge a particular security to more than one counter-party at one time, subject to a commitment to repurchase them (or substituted securities of the same description) at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the institution selling the securities and a reverse repurchase agreement for the institution buying them. A reverse repurchase agreement shall be considered an interprofessional transaction when the counter-party is subject to prudential coordination at Community level or is a Zone A credit institution as defined in Directive 89/647/EEC or is a recognized third-country investment firm or when the agreement is concluded with a recognized clearing house or exchange
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Also defined in
- Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules… 32018R1046, Article 2, point (54)
the sale of securities for cash with an agreement to repurchase them on a specified future date, or on demand - CRR 32013R0575, Article 4(1), point (82)
any agreement in which an institution or its counterparty transfers securities or commodities or guaranteed rights relating to either of the following: (a) title to securities or commodities where that guarantee is issued by a recognised exchange which holds the rights to the securities or… - Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of… 32006L0049, Article 3(1), point (m)
any agreement in which an institution or its counterparty transfers securities or commodities or guaranteed rights relating to title — to securities or commodities where that guarantee is issued by a recognised exchange which holds the rights to the securities or commodities and the agreement does…