fully- supported ABCP programme
Defined in Article 2, Securitisation Regulation
Definitions over time (1)
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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;
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(21) Historical · definitions end 09/04/2021