{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["285/2014 — RTS — Direct, substantial and foreseeable effect of contracts [in force] L2"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/1","url":"https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/1","title":"Article 1 — Definitions","family":"l2_unit_view","work_id":"spaces/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts","view_of":"/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"Commission Delegated Regulation (EU) No 285/2014, OJ L 85, 21.3.2014","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_del/2014/285/oj/eng","valid_from":"2014-04-10","valid_until":null,"content_id":"bdd192547d115411","versions":["2014-04-10"],"version_url":"https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/1/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/1/versions/2026-10-26/rev/bdd192547d115411","versions_url":"https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/1/versions","relations_url":"https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/1/relations","act_url":"https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts#art-1","source_line":"Commission Delegated Regulation (EU) No 285/2014 · binding · OJ L 85, 21.3.2014 · dated 13 Feb 2014 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2014-02-13","entry_into_force":"2014-04-10","locators":{"document_date":"CELLAR 32014R0285 work_date_document","entry_into_force":"CELLAR 32014R0285 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts","path":"/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts","name":"Commission Delegated Regulation (EU) No 285/2014","number":"285/2014","celex":"32014R0285","title_official":"COMMISSION DELEGATED REGULATION (EU) No 285/2014 of 13 February 2014 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on direct, substantial and foreseeable effect of contracts within the Union and to prevent the evasion of rules and obligations (Text with EEA relevance)","document_date":"2014-02-13"},"position":{"kind":"article","key":"1","index":1,"articles":4,"annexes":0},"prev":null,"next":{"path":"/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/articles/2","key":"2","title":"Article 2 — Contracts with a direct, substantial and foreseeable effect within the Union"},"act_anchor":"#art-1"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2014/285/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts.md","unit_text_sha256":"acbb2786eb2a31a29af7e2c4f69c46fcf25ca967d5265bdd88e626ce05762eb7","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts/art-1","kind":"article","key":"1","heading":"Article 1 — Definitions","text":"## <a id=\"art-1\"></a>Article 1 — Definitions\n\nFor the purposes of this Regulation the following definition shall apply:\n\n‘guarantee’ means an explicitly documented legal obligation by a guarantor to cover payments of the amounts due or that may become due pursuant to the OTC derivative contracts covered by that guarantee and entered into by the guaranteed entity to the beneficiary where there is a default as defined in the guarantee or where no payment has been effected by the guaranteed entity.\n\n","marks":[],"text_hash":"acbb2786eb2a31a29af7e2c4f69c46fcf25ca967d5265bdd88e626ce05762eb7","revision":1}}