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AI Summary of Article 411 Definitions

This document provides a comprehensive overview of key definitions pertinent to financial regulations as stipulated within the relevant EU Directives. It delineates terms such as 'financial customer', 'retail deposit', and 'deposit broker', highlighting the distinct classifications of entities and financial transactions that shape market conduct.

Moreover, it establishes the framework for assessing liquidity positions and asset management requirements, emphasising concepts like 'liquidity buffer', 'level 1 and level 2 assets', and 'net liquidity outflows'. These definitions serve to guide compliance and risk management practices within financial institutions.

Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 11 November 2021 - onwards
Version 6 of 6

Article 411 Definitions

For the purposes of this Part, the following definitions apply: