EBA Q&A 2025_7366 — Q&A — Definition of financial counterpart [Rejected question]

Definition of financial counterpart

Question

Can you confirm whether our interpretation of the notion of ‘financial counterpart’ is correct?

Background

We were unable to find a definition of "financial counterpart" in DORA and the associated RTS. We asked the ACPR to confirm our interpretation and they asked us to submit this question to the EBA.

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Answer

This question has been rejected because it is considered that EBA guidance or clarification is not needed with regard to the issue that it raises. For example, this can be the case where it is considered that the existing regulatory framework is sufficiently clear and unambiguous.

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.

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Source: EBA original document