Updated 16/01/2025
In force since 27/06/2002

Initial Legal Act
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Financial Collateral Directive (FCD)

Directive 2002/47/EC of the European Parliament and of the Council of 6 June 2002 on financial collateral arrangements

RecitalsArticle 1 - Subject matter and scopeArticle 2 - DefinitionsArticle 3 - Formal requirementsArticle 4 - Enforcement of financial collateral arrangementsArticle 5 - Right of use of financial collateral under security financial collateral arrangementsArticle 6 - Recognition of title transfer financial collateral arrangementsArticle 7 - Recognition of close-out netting provisions Article 8 - Certain insolvency provisions disappliedArticle 9 - Conflict of lawsArticle 10 - Report by the CommissionArticle 11 - ImplementationArticle 12 - Entry into forceArticle 13 - Addressees