asset-backed securities

Definitions over time (1)

17/09/2020 – today applies on 11/11/2026 Article 1, Commission Delegated Regulation (EU) 2019/980 Scope: Whole act

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

‘asset-backed securities’ means non-equity securities which either: represent an interest in assets, including any rights intended to ensure the servicing of those assets, the receipt or the timely receipt by holders of those assets of the amounts payable under those assets; are secured by assets and the terms of the securities provide for payments calculated by reference to those assets;

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