securitisation
Defined in Article 2, Securitisation Regulation
Definitions over time (1)
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For the purposes of this Regulation, the following definitions apply:
‘securitisation’ means a transaction or scheme, whereby the credit risk associated with an exposure or a pool of exposures is tranched, having all of the following characteristics: payments in the transaction or scheme are dependent upon the performance of the exposure or of the pool of exposures; the subordination of tranches determines the distribution of losses during the ongoing life of the transaction or scheme; the transaction or scheme does not create exposures which possess all of the characteristics listed in Article 147(8) of Regulation (EU) No 575/2013.
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(1) Historical · definitions end 09/04/2021
Used in (349 places in 74 provisions on 12/11/2026)
Securitisation Regulation (349 in 74)
Recital 1 · Recital 22 · Recital 3 · Recital 45 · Recital 5 · Recital 63 · Recital 92 · Recital 107 · Recital 112 · Recital 123 · Recital 133 · Recital 15 · Recital 167 · Recital 172 · Recital 192 · Recital 22 · Recital 244 · Recital 27 · Recital 29 · Recital 30 · Recital 314 · Recital 322 · Recital 33 · Recital 343 · Recital 373 · Recital 382 · Recital 39 · Recital 402 · Recital 43 · Recital 443 · Recital 454 · Recital 464 · Recital 484 · Recital 49 · Preamble2 · Article 16 · Article 228 · Article 38 · Article 520 · Article 67 · Article 725 · Article 810 · Article 109 · Article 113 · Article 12 · Article 132 · Article 156 · Article 164 · Article 178 · Article 184 · Article 205 · Article 219 · Article 223 · Article 2411 · Article 25 · Article 26b7 · Article 26c9 · Article 26d2 · Article 26e4 · Article 278 · Article 293 · Article 304 · Article 316 · Article 324 · Article 364 · Article 38 · Article 406 · Article 41 · Article 4213 · Article 434 · Article 43a3 · Article 442 · Article 45a5 · Article 466