With respect to insurance undertakings and reinsurance undertakings investing in tradable securities or other financial instruments based on repackaged loans that were issued before 1 January 2011, the requirements referred to in Commission Delegated Regulation (EU) 2015/35 shall apply, but only in circumstances where new underlying exposures have been added or substituted after 31 December 2014.
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards