25. The requirement of notification to the competent authorities of any transaction, regardless of …

The requirement of notification to the competent authorities of any transaction, regardless of whether it provides support to the securitisation, referred to in Article 248(1) of Regulation (EU) No 575/2013 should apply to any transaction which is entered into by an originator institution or by a sponsor institution or which meets the following conditions:

• (a) it is entered into by an entity, other than the originator institution, (i) which is a parent undertaking of the originator institution, a subsidiary undertaking of the originator institution or a subsidiary undertaking of a parent undertaking of the originator institution or (ii) to or with which the originator institution or another entity contemplated in item (i) provided, directly or indirectly, any financing, support or instructions or entered into any arrangement in relation to the entering into of such transaction; and
• (b) it would be subject to these guidelines had it been entered into by the originator institution.

Where the conditions set out in subparagraphs (a) and (b) of this paragraph 25 are met, the transaction should be assessed as if it had been entered into by the originator institution.

1. Overview

1.1 References

• Article 248 1.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.