66. For the purposes of Article 26c(8) of Regulation (EU) 2017/2402, the servicer should be …

For the purposes of Article 26c(8) of Regulation (EU) 2017/2402, the servicer should be considered to have ‘ well-documented and adequate policies, procedures and risk-management controls relating to the servicing of exposures’ where either of the following conditions is met:

• a. the servicer is an entity that is subject to prudential and capital regulation and supervision in the Union and its regulatory authorisations or permissions are deemed relevant to the servicing;
• b. the servicer is an entity that is not subject to prudential and capital regulation and supervision in the Union, and a proof of existence of well-documented and adequate policies and risk-management controls is provided, which also includes a proof of adherence to good market practices and reporting capabilities. The proof should be substantiated by an appropriate third-party review, such as by a credit rating agency or external auditor.

Timely resolution of conflicts between investors (Article 26c(10) of Regulation (EU) 2017/2402)

Clear provisions facilitating the timely resolution of conflicts between different classes of investors

1. Overview

1.1 References

• Article 26c 8.
• Article 26c 10.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

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