ECJ rules on defining financial collateral arrangements – Shoosmiths legal updates (press release)

Restriction on disposal remains key as European Court of Justice (ECJ) gives its first ruling on the interpretation of the financial collateral arrangements directive in Private Equity Insurance Group SIA v Swedbank AS [2016]

The ECJ recently delivered a judgment on the interpretation of Directive 2002/47 of the European Parliament and of the Council of 6 June 2002 on financial collateral arrangements (‘FCA Directive’) and in doing so provided its first ruling on the interpretation of the FCA Directive.

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