An OTC derivative contract shall be considered as having a direct, substantial and foreseeable effect within the Union where the two entities established in a third country enter into the OTC derivative contract through their branches in the Union and would qualify as financial counterparties if they were established in the Union.
Se considerará que un contrato de derivados extrabursátiles tiene un efecto directo, importante y predecible dentro de la Unión cuando las dos entidades establecidas en un tercer país participen en el contrato de derivados extrabursátiles por medio de sus sucursales en la Unión y si dichas entidades, en caso de estar establecidas en la Unión, pudieran considerarse contrapartes financieras.