European Central Bank 7 January 2021, Opinion of the European Central Bank of 7 January 2021 on the enforcement of close-out netting agreements (CON/2021/1)

EN ECB-PUBLIC OPINION OF THE EUROPEAN CENTRAL BANK of 7 January 2021 on the enforcement of close-out netting agreements (CON/2021/1) Introduction and legal basis On 17 November 2020 the European Central Bank (ECB) received a request from the Ministry of Finance of the Republic of Latvia for an opinion on a draft law on the enforcement of close-out netting in qualified financial transactions and