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🔗 Back to Summary. 🇫🇷 French Version: 2023R2175_FR.16. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 15 – Requirements on the allocation of cash flows and losses to the retained interest and on fees payable to the retainer ⬅️ | ➡️ Article 17 – Retention requirement in resecuritisations
Article 16 - Fulfilment of the retention requirement in securitisations of own issued debt instruments
Where an entity securitises its own issued debt instruments, including covered bonds as defined in Article 3, point (1), of Directive (EU) 2019/2162 of the European Parliament and of the Council
, and the underlying exposures of the securitisation comprise exclusively those own-issued debt instruments, the retention requirement in 2017 shall be considered complied with.