Article 7 Transparency requirements for originators, sponsors and SSPEs
1. The originator, sponsor and SSPE of a securitisation shall, in accordance with paragraph 2 of this Article, make at least the following information available to holders of a securitisation position, to the competent authorities referred to in Article 29 and, upon request, to potential investors:
(a) information on the underlying exposures on a quarterly basis, or, in the case of ABCP, information on the underlying receivables or credit claims on a monthly basis;
(b) all underlying documentation that is essential for the understanding of the transaction, including but not limited to, where applicable, the following documents:
(i) the final offering document or the prospectus together with the closing transaction documents, excluding legal opinions;
(ii) for traditional securitisation the asset sale agreement, assignment, novation or transfer agreement and any relevant declaration of trust;
(iii) the derivatives and guarantee agreements, as well as any relevant documents on collateralisation arrangements where the exposures being securitised remain exposures of the originator;
(iv) the servicing, back-up servicing, administration and cash management agreements;