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Retour au sommaire ⬅️ | ➡️ Article 2 – Definitions
Article 1 - Subject matter and scope
1.
This Regulation lays down a general framework for securitisation. It defines securitisation and establishes due-diligence, risk-retention and transparency requirements for parties involved in securitisations, criteria for credit granting, requirements for selling securitisations to retail clients, a ban on re-securitisation, requirements for SSPEs as well as conditions and procedures for securitisation repositories. It also creates a specific framework for simple, transparent and standardised (‘STS’) securitisation.
2.
This Regulation applies to institutional investors and to originators, sponsors, original lenders and securitisation special purpose entities.