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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 7 November 2023 - onwards
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Article 22 Disclosure of the level of the commitment to maintain a net economic interest

Repealed from 7 November 2023

1. The retainer shall, pursuant to Article 409 of Regulation (EU) No 575/2013, disclose to investors at least the following information regarding the level of its commitment to maintain a net economic interest in the securitisation:

(a) confirmation of the retainer's identity and of whether it retains as originator, sponsor or original lender;

(b) which of the modalities provided for in points (a), (b), (c), (d) or (e) of the second subparagraph of Article 405(1) of Regulation (EU) No 575/2013 has been applied to retain a net economic interest;

(c) any change to the modality to retain a net economic interest as referred to in point (b) in accordance with Article 10(1)(d);

(d) confirmation of the level of retention at origination and of the commitment to retain on an on-going basis, which shall relate only to the continuation of fulfilment of the original obligation and shall not require data on the current nominal or market value, or on any impairments or write-downs on the retain

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