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Preamble

Preamble

COMMISSION DELEGATED REGULATION (EU) 2020/448

of 17 December 2019

amending Delegated Regulation (EU) 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes

(Text with EEA relevance)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories 1, and in particular Article 11(15) thereof,

Whereas:

HAS ADOPTED THIS REGULATION:

  1. 1 OJ L 201, 27.7.2012, p. 1 . ↩
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