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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Published date: 28 December 2017

Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012 (Securitisation Regulation)

Recitals
Chapter 1 General provisions (arts. 1-4)
Applicable
Article 1 Subject matter and scope
Amended
Article 2 Definitions
Applicable
Article 3 Selling of securitisations to retail clients
Amended
Article 4 Requirements for SSPEs
Chapter 2 Provisions applicable to all securitisations (arts. 5-9)
Amended
Article 5 Due-diligence requirements for institutional investors
Amended
Article 6 Risk retention
Applicable
Article 7 Transparency requirements for originators, sponsors and SSPEs
Applicable
Article 8 Ban on resecuritisation
Amended
Article 9 Criteria for credit-granting
Chapter 3 Conditions and procedures for registration of a securitisation repository (arts. 10-17)
Applicable
Article 10 Registration of a securitisation repository
Applicable
Article 11 Notification and consultation with competent authorities prior to registration or extension of registration
Applicable
Article 12 Examination of the application
Applicable
Article 13 Notification of ESMA decisions relating to registration or extension of registration
Applicable
Article 14 Powers of ESMA
Applicable
Article 15 Withdrawal of registration
Applicable
Article 16 Supervisory fees
Applicable
Article 17 Availability of data held in a securitisation repository
Chapter 4 Simple, transparent and standardised securitisation (arts. 18-28)
Amended
Article 18 Use of the designation 'simple, transparent and standardised securitisation'
Section 1 Requirements for simple, transparent and standardised non-ABCP traditional securitisation (arts. 19-22)
Amended
Article 19 Simple, transparent and standardised non-ABCP traditional securitisation
Applicable
Article 20 Requirements relating to simplicity
Applicable
Article 21 Requirements relating to standardisation
Amended
Article 22 Requirements relating to transparency
Section 2 Requirements for simple, transparent and standardised ABCP securitisation (arts. 23-26)
Applicable
Article 23 Simple, transparent and standardised ABCP securitisation
Applicable
Article 24 Transaction-level requirements
Applicable
Article 25 Sponsor of an ABCP programme
Applicable
Article 26 Programme-level requirements
Section 2a Requirements for simple, transparent and standardised on-balance-sheet securitisations (arts. 26a-26e)
Inserted
Article 26a Simple, transparent and standardised on-balance-sheet securitisations
Inserted
Article 26b Requirements relating to simplicity
Inserted
Article 26c Requirements relating to standardisation
Inserted
Article 26d Requirements relating to transparency
Inserted
Article 26e Requirements concerning the credit protection agreement, the third-party verification agent and the synthetic excess spread
Section 3 STS notification (arts. 27-28)
Amended
Article 27 STS notification requirements
Amended
Article 28 Third party verifying STS compliance
Chapter 5 Supervision (arts. 29-37)
Amended
Article 29 Designation of competent authorities
Amended
Article 30 Powers of the competent authorities
Amended
Article 31 Macroprudential oversight of the securitisation market
Amended
Article 32 Administrative sanctions and remedial measures
Applicable
Article 33 Exercise of the power to impose administrative sanctions and remedial measures
Applicable
Article 34 Criminal sanctions
Applicable
Article 35 Notification duties
Applicable
Article 36 Cooperation between competent authorities and the ESAs
Applicable
Article 37 Publication of administrative sanctions
Chapter 6 Amendments (arts. 38-42)
Applicable
Article 38 Amendment to Directive 2009/65/EC
Applicable
Article 39 Amendment to Directive 2009/138/EC
Applicable
Article 40 Amendment to Regulation (EC) No 1060/2009
Applicable
Article 41 Amendment to Directive 2011/61/EU
Applicable
Article 42 Amendment to Regulation (EU) No 648/2012
Applicable
Article 43 Transitional provisions
Inserted
Article 43a Transitional provisions for STS on-balance-sheet securitisations
Amended
Article 44 Reports
Deleted
Article 45 Synthetic securitisations
Inserted
Article 45a Development of a sustainable securitisation framework
Amended
Article 46 Review
Applicable
Article 47 Exercise of the delegation
Applicable
Article 48 Entry into force
Done at