93. For the purposes of Article 26e(5), first subparagraph, point (d), of Regulation (EU) …

For the purposes of Article 26e(5), first subparagraph, point (d), of Regulation (EU) 2017/2402, in the case of the existence of a replenishment or revolving period, the WAL should be the sum of the replenishment or revolving period and the estimated WAL calculated at the end of the replenishment or revolving period. For this estimation, for each securitised exposure maturing before the end of the replenishment or revolving period, the originator should adjust the scheduled maturity to equal the sum of its current maturity and the longest permitted maturity of an exposure that is eligible to be added to the securitised portfolio during the replenishment or revolving period. The adjustments should be made as many times as necessary for that purpose when the term of the adjusted maturity is shorter than the term of the replenishment or revolving period.

Investor

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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