This legal principle is opposed to the Community principle, PRIMA, which guarantees the location of securities accounts and was adopted in three directives: that on settlement finality (1998), that on collateral (2002) and, finally, that on the winding-up of credit institutions (2001).
Ce principe juridique s’oppose au principe communautaire PRIMA de localisation du compte titres, adopté dans trois directives, celle de la finalité (1998), celle sur les collatéraux (2002) et, enfin, celle sur les établissements de crédit (2001).