3. Furthermore, and to avoid any uncertainty, for traditional securitisation, any option granted to …

Furthermore, and to avoid any uncertainty, for traditional securitisation, any option granted to securitisation investors, with the exception of options that are only exercisable in the event of contractual breaches by the originator institution, should be considered by competent authorities as preventing an originator from achieving effective transfer of credit risk.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/