Updated 26/07/2024
In force since 27/06/2002

Version from: 12/08/2022
There are currently no Level 2 legal acts based on or specifying the FCD.
Procedure 2001/0086/COD
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FCD ToolFinancial Collateral Directive (FCD)

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 9a - Directive 2008/48/EC, Directive 2014/59/EU and Regulation (EU) 2021/23Article 10 - Report by the CommissionArticle 11 - ImplementationArticle 12 - Entry into forceArticle 13 - Addressees