{
  "url": "https://openlegislation.uk/eu-regulation-2015-2365/article-2",
  "json_url": "https://openlegislation.uk/eu-regulation-2015-2365/article-2.json",
  "legislation": "eur/2015/2365",
  "legislation_title": "Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2015-2365",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Scope",
  "text": "1. This Regulation applies to:\n(a) a counterparty to an SFT that is established:\n(i)in the United Kingdom, including all its branches irrespective of where they are located;\n(ii)in a third country, if the SFT is concluded in the course of the operations of a branch in the United Kingdom of that counterparty;\n(b) management companies, managers and operators of UCITS and UCITS investment companies;\n(c) managers of alternative investment funds (AIFMs) authorised or registered in accordance with the Alternative Investment Fund Managers Regulations 2013;\n(d) a counterparty engaging in reuse that is established:\n(i)in the United Kingdom, including all its branches irrespective of where they are located;\n(ii)in a third country, where either:\nthe reuse is effected in the course of the operations of a branch in the United Kingdom of that counterparty, or\nthe reuse concerns financial instruments provided under a collateral arrangement by a counterparty established in the United Kingdom or a branch in the United Kingdom of a counterparty established in a third country.\n2. Articles 4 and 15 do not apply to:\n(a) the Bank of England and other United Kingdom bodies charged with, or intervening in, the management of the public debt;\n(b) the Bank for International Settlements.\n3. Article 4 does not apply to transactions to which:\n(a) the Bank of England; or\n(b) another United Kingdom body charged with, or intervening in, the management of the public debt,\n4. The Treasury may by statutory instrument amend the list set out in paragraph (2) of this Article.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Arts. 2-20 substituted (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 5(1)(3) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Art. 2(1)(b) substituted (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 6(a)(i) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Art. 2(1)(c) substituted (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 6(a)(ii) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Art. 2(2)(a) substituted (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 6(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Art. 2(3) substituted (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 6(c) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Art. 2(4) substituted (31.12.2020) by The Transparency of Securities Financing Transactions and of Reuse (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/542), regs. 1, 6(d) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "addition",
      "affecting": "eur/2019/463",
      "affecting_title": "Commission Delegated Regulation (EU) 2019/463 of 30 January 2019 amending Regulation (EU) 2015/2365 of the European Parliament and of the Council with regard to the list of exempted entities (Text with EEA relevance.)"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2015/2365/article/2",
    "retrieved_at": "2026-11-01T14:46:14.269444+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}