13. For the purposes of Article 20(5) of Regulation (EU) 2017/2402, the transaction documentation …

For the purposes of Article 20(5) of Regulation (EU) 2017/2402, the transaction documentation should identify, with regard to the trigger of ‘severe deterioration in the seller credit quality standing’, credit quality thresholds that are objectively observable and related to the financial health of the seller. Insolvency of the seller

1. Overview

1.1 References

• Article 20 5.

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/