(1)Article 129 of Regulation (EU) No 575/2013 of the European Parliament and of the Council 4 grants preferential treatment to covered bonds under certain conditions. Directive (EU) 2019/2162 of the European Parliament and of the Council 5 specifies the core elements of covered bonds and provides for a common definition of covered bonds.
Recital 1
Recital 1
- 4 Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 ( OJ L 176, 27.6.2013, p. 1 ). ↩
- 5 Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issue of covered bonds and covered bond public supervision and amending Directives 2009/65/EC and 2014/59/EU (see page 29 of this Official Journal). ↩