Examples of Securitization Regulation in a sentence
The EU Securitization Regulation does not specify the jurisdictional scope of application of Article 7.
Since the date of the immediately preceding Servicer's Report, it has not engaged in any hedging or credit risk mitigations, or any transfer of the Retained Class R Certificate (except as permitted by the EU Securitization Regulation); c.
However, the European Banking Authority has stated that Article 6 of the EU Securitization Regulation should apply only to originators, sponsors and original lenders established in the EU and, on the basis of that statement by analogy, Article 7 should apply only to originators, sponsors or SSPEs established in the EU.
Risk Retention Compliance Triggers (i) two years from the closing dateN (ii) the date the pool balance is 33% or less of the intial pool balanceN (iii) the date the principal balance of the notes is 33% or less of the original principal balance of such notesN (iv) For the purposes of the EU Securitization Regulation, NCFC confirms each of the following:Y a.
The Securitization Regulation makes no express provision for the application of any requirements of the EEA Risk Retention Regulations or of the Securitization Regulation to UCITS or IORPs that hold or acquire any interest in respect of a Pre-2019 Securitization and, accordingly, it is not clear what requirements (if any) will be applicable to those investors.