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- Recitals
CHAPTER 1 — GENERAL PROVISIONS
CHAPTER 2 — PROVISIONS APPLICABLE TO ALL SECURITISATIONS
CHAPTER 3 — CONDITIONS AND PROCEDURES FOR REGISTRATION OF A SECURITISATION REPOSITORY
- Article 10 — Registration of a securitisation repository
- Article 11 — Notification and consultation with competent authorities prior to registration or extension of registration
- Article 12 — Examination of the application
- Article 13 — Notification of ESMA decisions relating to registration or extension of registration
- Article 14 — Powers of ESMA
- Article 15 — Withdrawal of registration
- Article 16 — Supervisory fees
- Article 17 — Availability of data held in a securitisation repository
CHAPTER 4 — SIMPLE, TRANSPARENT AND STANDARDISED SECURITISATION
- Article 18 — Use of the designation simple, transparent and standardised securitisation
SECTION 1 — Requirements for simple, transparent and standardised non-ABCP traditional securitisation
SECTION 2 — Requirements for simple, transparent and standardised ABCP securitisation
SECTION 2a — Requirements for simple, transparent and standardised on-balance-sheet securitisations
- Article 26a — Simple, transparent and standardised on-balance-sheet securitisations
- Article 26b — Requirements relating to simplicity
- Article 26c — Requirements relating to standardisation
- Article 26d — Requirements relating to transparency
- Article 26e — Requirements concerning the credit protection agreement, the third-party verification agent and the synthetic excess spread
SECTION 3 — STS notification
CHAPTER 5 — SUPERVISION
- Article 29 — Designation of competent authorities
- Article 30 — Powers of the competent authorities
- Article 31 — Macroprudential oversight of the securitisation market
- Article 32 — Administrative sanctions and remedial measures
- Article 33 — Exercise of the power to impose administrative sanctions and remedial measures
- Article 34 — Criminal sanctions
- Article 35 — Notification duties
- Article 36 — Cooperation between competent authorities and the ESAs
- Article 37 — Publication of administrative sanctions
CHAPTER 6 — AMENDMENTS
- Article 38 — Amendment to Directive 2009/65/EC
- Article 39 — Amendment to Directive 2009/138/EC
- Article 40 — Amendment to Regulation (EC) No 1060/2009
- Article 41 — Amendment to Directive 2011/61/EU
- Article 42 — Amendment to Regulation (EU) No 648/2012
- Article 43 — Transitional provisions
- Article 43a — Transitional provisions for STS on-balance-sheet securitisations
- Article 44 — Reports
- Article 45a — Development of a sustainable securitisation framework
- Article 46 — Review
- Article 47 — Exercise of the delegation
- Article 48 — Entry into force
- Final