Commission Delegated Regulation (EU) 2016/2251 Article 20

Treatment of collected initial margins

Article 20

1. The collecting counterparty shall not rehypothecate, repledge nor otherwise reuse the collateral collected as initial margin. 2. Notwithstanding paragraph 1, a third-party holder may use the initial margin received in cash for reinvestment purposes.

Read the full instrument → · Read this in context: SECTION 5 — Collateral management and segregation →

Other provisions in SECTION 5 — Collateral management and segregation

Article 19: Collateral management and segregation

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 20 of Commission Delegated Regulation (EU) 2016/2251 (LawPlayer, data as of 2026-07-04)

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