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art_3__point_38__text_1

‘collateral’ means the forms of collateral security referred to in Article 2(m) of Directive 98/26/EC of the European Parliament and of the Council OJ L 166, 11.6.1998, p. 45. , including any allowances accepted as security by the clearing system or settlement system;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.