Preamble
Recitals 49
Chapter 1 - GENERAL PROVISIONS (Article 1-4) 4
Chapter 2 - PROVISIONS APPLICABLE TO ALL SECURITISATIONS (Article 5-9) 5
Chapter 3 - CONDITIONS AND PROCEDURES FOR REGISTRATION OF A SECURITISATION REPOSITORY (Article 10-17) 8
Chapter 4 - SIMPLE, TRANSPARENT AND STANDARDISED SECURITISATION (Article 18-28) 16
Chapter 5 - SUPERVISION (Article 29-37) 9
Chapter 6 - AMENDMENTS (Article 38-48) 12
Amending acts 1
- Regulation (EU) 2021/557from 09/04/2021

NPE securitisation

Definitions over time (1)

09/04/2021 – today applies on 12/11/2026 Article 2, Securitisation Regulation Scope: Whole act

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

‘NPE securitisation’ means a securitisation backed by a pool of non-performing exposures the nominal value of which makes up not less than 90 % of the entire pool’s nominal value at the time of origination and at any later time where assets are added to or removed from the underlying pool due to replenishment, restructuring or any other relevant reason;