fully- supported ABCP programme
Definitions over time (1)
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17/01/2018 – 09/04/2021 Article 2, Securitisation Regulation Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘fully- supported ABCP programme’ means an ABCP programme that its sponsor directly and fully supports by providing to the SSPE(s) one or more liquidity facilities covering at least all of the following: all liquidity and credit risks of the ABCP programme; any material dilution risks of the exposures being securitised; any other ABCP transaction-level and ABCP programme-level costs if necessary to guarantee to the investor the full payment of any amount under the ABCP;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
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