Preamble
Recitals 17
Article 1 - Definitions
Section 1 - Information to be made available for all securitisations (Article 2-4) 3
Section 2 - Information to be made available for securitisations for which a prospectus has to be drawn up (public securitisations) (Article 5-8) 4
Section 3 - Common provisions (Article 9-13) 5
Annexes 15
- Annex I
- Annex II
- Annex III
- Annex IV
- Annex V
- Annex VI
- Annex VII
- Annex VIII
- Annex IX
- Annex X
- Annex XI
- Annex XII
- Annex XIII
- Annex XIV
- Annex XV

inactive underlying exposure

Definitions over time (1)

23/09/2020 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2020/1224 Scope: Whole act

For the purposes of this Regulation, the following definitions shall apply:

‘inactive underlying exposure’ means an underlying exposure that has defaulted with no further recoveries expected or that has been redeemed, prepaid, cancelled, repurchased or substituted;