+89. For the purposes of Article 26e(4) of Regulation (EU) 2017/2402, the third-party verification …

89. For the purposes of Article 26e(4) of Regulation (EU) 2017/2402, the third-party verification …

For the purposes of Article 26e(4) of Regulation (EU) 2017/2402, the third-party verification agent should meet both of the following conditions:

  • a. it has the experience and capability to carry out the verification;
  • b. it is none of the following:
  • i. a credit rating agency;
  • ii. a third party verifying STS compliance in accordance with Article 28 of Regulation (EU) 2017/2402;
  • iii. an entity affiliated to the originator, sponsor, investor or SSPE.

Sample verification in the case of securitisations with mezzanine positions

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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