+Article 494c Grandfathering of senior securitisation positions

Article 494c Grandfathering of senior securitisation positions

Article 494c

Grandfathering of senior securitisation positions

By way of derogation from Article 270, an originator institution may calculate the risk-weighted exposure amounts of a senior securitisation position in accordance with Article 260, 262 or 264 where both the following conditions are met:

(a) 

the securitisation was issued before 9 April 2021;

(b) 

the securitisation met, on 8 April 2021, the conditions laid down in Article 270 as applicable at that date.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards