Examples of STS Regulation in a sentence
Explanatory text for consultation purposes The Article or Articles of the STS Regulation to which the above provisions relate are provided here below for ease of reference.
The STS Regulation also aims to create common foundation criteria for identifying “STS securitisations”.
The language must contain the exact same words or words with clearly the same meaning as those set out in the STS Regulation.
No assurance can be given that the Securitisation will be designated as an “STS securitisation” under the STS Regulation at any point in the future.Prospective investors should therefore make themselves aware of the changes and requirements described above (and any corresponding implementing rules of their regulator), where applicable to them, in addition to any other applicable regulatory requirements with respect to their investment in the Notes.
By signing the Application, the Applicant confirms that it is either an “originator” or a “sponsor” in respect of the relevant Transaction as defined in the STS Regulation.
The Applicant acknowledges and accepts that PCS will not monitor any ongoing disclosures required by Article 7 of the STS Regulation.
The Applicant will inform PCS immediately and in writing upon making any notification to ESMA under Article 27.4 of the STS Regulation that a Transaction no longer meets the requirements of either Articles 19 to 22 or Articles 23 to 26.
In particular, the Applicant shall not include in its STS certification notified to ESMA pursuant to Article 27.1 of the STS Regulation a statement that compliance with the STS criteria was confirmed by PCS unless it has received confirmation in writing that PCS has positively completed the relevant STS Verification.
The amendment shall become effective at the latest from 6 months after the entry into force of that delegated act or from the date of application of the corresponding provisions in the STS Regulation, whichever is the later.
Revise part 7 to read as follows:PART 7—STANDARDS OF CONDUCTSec.7.1 Scope.7.2 Definitions.7.3 Interpretation and advisory service.7.4 Reporting suspected violations.7.5 Corrective action.7.6 Outside employment and activities by Commissioners.7.7 Prohibition against making complaints and investigations public.7.8 Ex parte communications in enforcement actions.Authority: 2 U.S.C. 437c, 437d, and 438; 5U.S.C. 7321 et seq.