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European Union
Commission Delegated Regulation (EU) 2017/2154
Article 6
4.
(a)

Commission Delegated Regulation (EU) 2017/2154

In forceThis text since 11 Dec 2017law://eu/reg/2017/2154/art_6__para_4__pnt_a@2026-11-11

Version in force onWhereEuropean Union

Contents

1. An indirect client may only provide indirect clearing serv…
2. For the purposes of paragraph 1, the parties to the indire…
3. For indirect clearing arrangements entered into by parties…
4. For indirect clearing arrangements entered into by parties…

Contents

1. An indirect client may only provide indirect clearing serv…
2. For the purposes of paragraph 1, the parties to the indire…
3. For indirect clearing arrangements entered into by parties…
4. For indirect clearing arrangements entered into by parties…

(a)Articles 4(5) and 4(6) shall apply to the client as if that client were a clearing member;

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Type: Delegated regulation · Commission Delegated Regulation (EU) 2017/2154 · EEA relevant
Adopted: 22 Sept 2017
In force: 11 Dec 2017
Applies from: 3 Jan 2018
Made by: Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
Official: EUR-Lex 32017R2154 · ELI

Topics

administrative check clearing agreement credit institution financial control financial instrument financial legislation financial transaction market supervision Freedom of establishment Free movement of capital

History · 1 version

11 Dec 2017Reading

Connections

Cited by 1: Commission Delegated Regulation (EU) 2023/16152 provisions
Cites 1: this act

Defined terms · 5

Show every defined term

client
means a client as defined in Article 2(15) of Regulation (EU) No 648/2012;
indirect clearing arrangements
means the set of contractual relationships between providers and recipients of indirect clearing services provided by a client, an indirect client or a second indirect client;
indirect client
means a client of a client as defined in point (a);
second indirect client
means a client of an indirect client as defined in point (b);
third indirect client
means a client of a second indirect client as defined in point (d).

eu/reg/2017/2154