10. Any transaction (for the avoidance of doubt, including, but not limited to, any amendments to …

Any transaction (for the avoidance of doubt, including, but not limited to, any amendments to the securitisation documentation and changes to the coupons, yields or other features of the securitisation positions) entered into by (i) a sponsor institution or (ii) an originator institution or (iii), subject to the provisions of paragraph 25, an entity connected to the originator institution in relation to a securitisation or positions therein after the closing of such securitisation, which, pursuant to the terms of the securitisation documentation as in force prior to the entering into of such transaction, the originator institution or, as the case may be, the sponsor institution or the entity connected to the originator institution:

• (a) is under no contractual obligation to enter into; or
• (b) is not under a contractual obligation to enter into on the specific terms of such transaction

should be considered to have been entered into beyond the scope of existing contractual obligations, its particulars should be notified in accordance with paragraph 26 and it should be assessed, in accordance with paragraph 11, whether the transaction is structured to provide support or not. Transactions which, pursuant to the terms of the securitisation documentation as in force prior to the entering into of such transactions, the relevant institution is under a contractual obligation to enter into on the specific terms of such transactions constitute existing support and are not subject to the prohibition set out in Article 248 of Regulation (EU) No 575/2013.

1. Overview

1.1 References

• Article 248 Exposure value

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/