1. European
  2. Legislation (EU)
  3. EU Regulations
  4. 2014
Date-stamp loading
  1. Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council by way of regulatory technical standards specifying the requirements for investor, sponsor, original lender and originator institutions relating to exposures to transferred credit risk (Text with EEA relevance)
Next
Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Published date: 13 June 2014

Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council by way of regulatory technical standards specifying the requirements for investor, sponsor, original lender and originator institutions relating to exposures to transferred credit risk (Text with EEA relevance)

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Recitals
Chapter I Definitions and exposure to the risk of a securitisation (art. 1)
Repealed
 Article 1 Definitions
Chapter II Exposure to the credit risk of a securitisation position (art. 2)
Repealed
 Article 2 Particular cases of exposure to the credit risk of a securitisation position
Chapter III Retention of net economic interest (arts. 3-14)
Repealed
 Article 3 Retainers of material net economic interest
Repealed
 Article 4 Fulfilment of the retention requirement through a synthetic or contingent form of retention
Repealed
 Article 5 Retention option (a): pro rata retention in each of the tranches sold or transferred to investors
Repealed
 Article 6 Retention option (b): retention of the originator's interest for revolving exposures
Repealed
 Article 7 Retention option (c): retention of randomly selected exposures
Repealed
 Article 8 Retention option (d): retention of the first loss tranche
Repealed
 Article 9 Retention option (e): retention of a first loss in every securitised exposure
Repealed
 Article 10 Measurement of the level of retention
Repealed
 Article 11 Measurement of retention for the undrawn amounts in exposures in the form of credit facilities
Repealed
 Article 12 Prohibition of hedging or selling the retained interest
Repealed
 Article 13 Exemptions to Article 405(1) of Regulation (EU) No 575/2013
Repealed
 Article 14 Retention on a consolidated basis
Chapter IV Due diligence requirements for institutions becoming exposed to a securisation position (arts. 15-20)
Repealed
 Article 15 Outsourcing and other general considerations
Repealed
 Article 16 Specification of risk characteristics and structural features
Repealed
 Article 17 Frequency of review
Repealed
 Article 18 Stress Tests
Repealed
 Article 19 Exposures in the trading book and non-trading book
Repealed
 Article 20 Positions in the correlation trading portfolio
Chapter V Requirements for originators, sponsors and original lenders (arts. 21-23)
Repealed
 Article 21 Policies for credit granting
Repealed
 Article 22 Disclosure of the level of the commitment to maintain a net economic interest
Repealed
 Article 23 Disclosure of materially relevant data
Chapter VI Final provisions (art. 24)
Repealed
 Article 24 Entry into force
Done at
Next