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+Article 40 Amendment to Regulation (EC) No 1060/2009 |
Article 40 Amendment to Regulation (EC) No 1060/2009Article 40 Amendment to Regulation (EC) No 1060/2009 Regulation (EC) No 1060/2009 is amended as follows:
(1)
in recitals 22 and 41, in Article 8c and in point 1 of Part II of Section D of Annex I, ‘structured finance instrument’ is replaced by ‘securitisation instrument’;
(2)
in recitals 34 and 40, in Articles 8(4), 8c, 10(3) and 39(4) as well as in the fifth paragraph of point 2 of Section A of Annex I, point 5 of Section B of Annex I, the title and point 2 of Part II of Section D of Annex I, points 8, 24 and 45 of Part I of Annex III and point 8 of Part III of Annex III, ‘structured finance instruments’ is replaced by ‘securitisation instruments’;
(3)
in Article 1, the second subparagraph is replaced by the following: ‘This Regulation also lays down obligations for issuers and related third parties established in the Union regarding securitisation instruments.’
(4)
in Article 3(1), point (l) is replaced by the following:
‘(l)
“securitisation instrument” means a financial instrument or other assets resulting from a securitisation transaction or scheme referred to in Article 2(1) of Regulation (EU) 2017/2402 (Securitisation Regulation);’
(5)
Article 8b is deleted;
(6)
in point (b) of Article 4(3), point (b) of the second subparagraph of Article 5(6) and Article 25a, the reference to Article 8b is deleted. 1. Overview
1.1 References1.2 Identified Requirements1.3 Related Standards2. Identified Requirements
3. Related Standards
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