fully supported ABCP transaction
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 transaction’ means an ABCP transaction supported by a liquidity facility, at transaction level or at ABCP programme level, that covers at least all of the following: all liquidity and credit risks of the ABCP transaction; any material dilution risks of the exposures being securitised in the ABCP transaction; 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 11/11/2026)
No text uses this concept on 11/11/2026.