From News

Private Equity Insurance Group v AS Swedbank (C-156/15) [ECJ AdvGen] 21.07.16 (Unreported)

Approximation of laws — Integration of financial markets — Financial collateral arrangements — Interpretation of Directive 2002/47/EC — Scope — Concepts of ‘financial collateral arrangement’ and ‘relevant financial obligations’ — Article 2(1)(a) and (f) — Provision of financial collateral — Concepts of ‘possession’ or ‘control’ of the financial collateral — Article 2(2) — Certain insolvency provisions disapplied — Articles 4 and 8 — Current bank account contract containing a financial collateral clause in favour of the bank

Link to Judgment
Category: Financial Services » EC Law. Keyword(s): Credit institutions. Area(s) of law: Banking.

View original article