2.
CRR
The following requirements on legal certainly shall be met: a mortgage or charge is enforceable in all jurisdictions which are relevant at the time of the conclusion of the credit agreement and shall be properly filed on a timely basis; all legal requirements for establishing the pledge have been fulfilled; the protection agreement and the legal process underpinning it enable the institution to realise the value of the protection within a reasonable timeframe.
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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.