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counterparty

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

any entity (including natural persons) that has the power to conclude a contractual netting agreement

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Also defined in

  • CRR 32013R0575, Article 272, point (24)
    any legal or natural person that enters into a netting agreement, and has the contractual capacity to do so;