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CCR

as defined in Directive 2006/48/EC of the European Parliament and of the Council of 14 June…

the risk that the counterparty to a transaction could default before the final settlement of the transaction's cash flows.

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Also defined in

  • CRR 32013R0575, Article 272, point (1)
    the risk that the counterparty to a transaction could default before the final settlement of the transaction's cash flows;