# Commission Delegated Regulation (EU) No 149/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on indirect clearing arrangements, the clearing obligation, the public register, access to a trading venue, non-financial counterparties, and risk mitigation techniques for OTC derivatives contracts not cleared by a CCP (Text with EEA relevance), Article 1: Definitions

Extent: E+W+S+N.I.

For the purposes of this Regulation the following definitions apply:
(a) ‘indirect client’ means the client of a client of a clearing member;
(b) ‘ indirect clearing arrangements ’ means the set of contractual relationships between providers and recipients of indirect clearing services provided by a client, an indirect client or a second indirect client;
(c) ‘confirmation’ means the documentation of the agreement of the counterparties to all the terms of an over the counter (OTC) derivative contract;
(d) ‘ second indirect client ’ means a client of an indirect client;
(e) ‘ third indirect client ’ means a client of a second indirect client.

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Source: https://www.legislation.gov.uk/eur/2013/149/article/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-149/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.