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---
title: "EBA Q&A 2025_7366 — Q&A — Definition of financial counterpart [Rejected question]"
shortTitle: "EBA Q&A 2025_7366 — Q&A — Definition of financial counterpart [Rejected question]"
answer_id: EBA_QA_2025_7366
status: "Rejected question"
type: qa
instrument_type: qa
authority: EBA
binding: false
binding_character: non_binding
legal_status: withdrawn
regulation: "DORA"
dora_level3: true
mica_level2: false
legal_basis: "DORA"
date: 25 June 2025
source_link: https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2025_7366
lifecycle: "Rejected question"
text_version: "EBA Q&A register, 25 June 2025"
source_url: "https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2025_7366"
check_status: matched
verified: true
last_checked: 2026-10-26
checked_against: "the EBA publication"
source:
  prepared_by: "not stated in the document"
  published_by: "EBA"
  published_in: "EBA Single Rulebook Q&A tool"
  evidence:
    prepared_by: "Individual"
    locator: "EBA Q&A register entry 2025_7366: no answer; the register names only the 'Type of submitter'"
document_type: "qa_question"
legal_nature: "not_legislation"
addressees: "not stated in the document"
dates:
  published_on: "2025-06-25"
  question_submitted_on: "2025-03-04"
  locators:
    published_on: "EBA Q&A register entry 2025_7366, field 'Rejected publishing date'"
    question_submitted_on: "EBA Q&A register entry 2025_7366, field 'Submission date'"
lifecycle_label: "Rejected question"
---

**Question published in the EBA Q&A tool · no answer · not legislation · published 25 Jun 2025 [Rejected question]**

*Rejected question · EBA Q&A register, 25 June 2025 · Checked against the EBA publication on 26 Oct 2026 · [Official source](https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2025_7366)*

| | |
|---|---|
| **Full title** | EBA Q&A 2025_7366 — Q&A — Definition of financial counterpart \[Rejected question\] |
| **Prepared by** | Not stated in the document |
| **Published by** | EBA, in the EBA Single Rulebook Q&A tool |
| **Reference** | EBA_QA_2025_7366 |
| **Document type** | Q&A |
| **Legal nature** | No answer · not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Published 25 June 2025; question submitted 4 March 2025 |
| **Legal basis** | DORA |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the EBA publication |

**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.

***

### 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”.

***

**Source:** [EBA original document](https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2025_7366)
