securitisation special purpose entity

Defined in Article 4, Capital Requirements Regulation (CRR)

Uses as of 26/04/2019

Definitions over time (2)

1. 01/01/2019 – 27/06/2019 applies on 26/04/2019 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: SSPE

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

   ‘securitisation special purpose entity’ or ‘SSPE’ means a securitisation special purpose entity or SSPE as defined in point (2) of Article 2 of Regulation (EU) 2017/2402;

2. 19/07/2016 – 01/01/2019 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: SSPE

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

   ‘securitisation special purpose entity’ or ‘SSPE’ means a corporation trust or other entity, other than an institution, organised for carrying out a securitisation or securitisations, the activities of which are limited to those appropriate to accomplishing that objective, the structure of which is intended to isolate the obligations of the SSPE from those of the originator institution, and in which the holders of the beneficial interests have the right to pledge or exchange those interests without restriction;

Used in (21 places in 7 provisions on 26/04/2019)

Capital Requirements Regulation (CRR) (21 in 7)

Article 4⁴ · Article 249² · Article 255⁵ · Article 411 · Article 424⁴ · Article 449³ · Annex III²