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πŸ”— Back to Summary. πŸ‡«πŸ‡· French Version: 2023R2175_FR.13. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.

Article 12 – Prohibition of hedging or selling the retained interest ⬅️ | ➑️ Article 14 – Retention on a consolidated basis

ArticleΒ 13 - Transactions for which the retention requirement does not apply, as referred to Article 6(6) of Regulation (EU) 2017/2402

Transactions for which the retention requirement does not apply, as referred to in 2017, shall include securitisation positions in the correlation trading portfolio which are either reference instruments as referred to in Article 338(1), point (b), of Regulation (EU) No 575/2013 or which are eligible for inclusion in the correlation trading portfolio.