sponsor

Definitions over time (1)

17/01/2018 – 09/04/2021 Article 2, Securitisation Regulation Scope: Whole act

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

‘sponsor’ means a credit institution, whether located in the Union or not, as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013, or an investment firm as defined in point (1) of Article 4(1) of Directive 2014/65/EU other than an originator, that: establishes and manages an asset-backed commercial paper programme or other securitisation that purchases exposures from third-party entities, or establishes an asset-backed commercial paper programme or other securitisation that purchases exposures from third-party entities and delegates the day-to-day active portfolio management involved in that securitisation to an entity authorised to perform such activity in accordance with Directive 2009/65/EC, Directive 2011/61/EU or Directive 2014/65/EU;

Each has its own scope, dates and uses. Open one to see when it applies.

No text uses this concept on 12/11/2026.