Defined term	structured deposit
Source	MiCA
Reference	Article 3(1), point (51)
Status	Published
Refresh rule	Regenerate after source legal-text changes

(51) ‘structured deposit’ means a structured deposit as defined in Article 4(1), point (43), of Directive 2014/65/EU.

MiCA, Article 3(1), point (51).

MiCA imports this definition from MiFID II.

(43) ‘structured deposit’ means a deposit as defined in point (3) of Article 2(1) of Directive 2014/49/EU of the European Parliament and of the Council, which is fully repayable at maturity on terms under which interest or a premium will be paid or is at risk, according to a formula involving factors such as:

(a) an index or combination of indices, excluding variable rate deposits whose return is directly linked to an interest rate index such as Euribor or Libor;

(b) a financial instrument or combination of financial instruments;

(c) a commodity or combination of commodities or other physical or non-physical non-fungible assets; or

(d) a foreign exchange rate or combination of foreign exchange rates;

Open MiFID II definition page

1. MiCA Article 3(1), point (51)
2. MiFID II Article 4(1), point (43)
3. DGSD Article 2(1), point (3)

• Article 2