CCR
as defined in CRR, Article 272, point (1) (Definitions)
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
- Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and… 32006L0048, bIII.p1
the risk that the counterparty to a transaction could default before the final settlement of the transaction's cash flows.