Europejski Urząd Nadzoru Bankowego, Ostateczny projekt RTS dot. czynników wyzwalających zgodnie z art. 26c ust. 5 rozporządzenia UE 2017/2402 zmienionego przez rozporządzenie UE 2021/557

EBA/RTS/2022/08

19 September 2022

EBA Final draft regulatory technical standards specifying the performance-related triggers pursuant to Article 26c(5) of Regulation (EU) 2017/2402 as amended by Regulation (EU) 2021/557

1. Executive Summary

Regulation (EU) 2017/2402 (the Securitisation Regulation) as amended by Regulation (EU) 2021/557, which was published in the Official Journal of the European Union on the 6th of April 2021, sets out that STS on-balance-sheet securitisations should feature a sequential amortisation system to be eligible for the STS label.

However, by way of derogation, an STS on-balance-sheet securitisation with a non-sequential amortisation system could be eligible for the STS label provided that the transaction includes performance-related triggers to switch from a non-sequential to a sequential amortisation system. Pursuant to Article 26c(5) of the amended Securitisation Regulation, the EBA has to develop regulatory technical standards i) to specify the minimum...