Commission Implementing Decision (EU) 2023/1602 of 31 July 2023 on the primary de... (32023D1602)
Commission Implementing Decision (EU) 2023/1602 of 31 July 2023 on the primary dealer network and the definition of eligibility criteria for lead and co-lead mandates for syndicated transactions for the purposes of the borrowing activities by the Commission on behalf of the Union and of the European Atomic Energy Community
- COMMISSION IMPLEMENTING DECISION (EU) 2023/1602
- of 31 July 2023
- on the primary dealer network and the definition of eligibility criteria for lead and co-lead mandates for syndicated transactions for the purposes of the borrowing activities by the Commission on behalf of the Union and of the European Atomic Energy Community
- CHAPTER 1
- SUBJECT MATTER, SCOPE AND DEFINITIONS
- Article 1
- Subject matter and scope
- Article 2
- Definitions
- Article 3
- Establishment of the primary dealer network
- CHAPTER 2
- MEMBERSHIP OF THE PRIMARY DEALER NETWORK
- Article 4
- Eligibility criteria for the primary dealer network
- Article 5
- Commitments
- Article 6
- General terms and conditions
- Article 7
- Rights of members of the primary dealer network
- CHAPTER 3
- LEAD AND CO-LEAD MANDATES FOR SYNDICATED TRANSACTIONS
- Article 8
- Eligibility criteria for lead mandates for syndicated transactions
- Article 9
- Eligibility criteria for co-lead mandates for syndicated transactions
- Article 10
- Fee schedule
- Article 11
- Quoting arrangements
- Article 12
- Additional commitments for lead mandates
- Article 13
- Selection of the syndicate
- CHAPTER 4
- APPLICATION FOR MEMBERSHIP AND ESTABLISHMENT OF THE LIST OF THE MEMBERS OF THE PRIMARY DEALER NETWORK AND MONITORING
- Article 14
- Application for membership and list of primary dealers
- Article 15
- Admission to primary dealer network
- Article 16
- Monitoring
- Article 17
- Suspension and exclusion from the primary dealer network
- CHAPTER 5
- TRANSITIONAL AND FINAL PROVISIONS
- Article 18
- Article 19
- Article 20
- ANNEX I
- 1.
- Fulfilment of the obligation to purchase a minimum weighted average of 0,05 % of volumes auctioned by the Union and/or the Euratom on a semi-annual basis
- 2.
- Reporting obligations
- ANNEX II
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