+60. Given the nature of ‘exceptional circumstances’ and in order to allow some flexibility with …
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60. Given the nature of ‘exceptional circumstances’ and in order to allow some flexibility with …
Given the nature of ‘exceptional circumstances’ and in order to allow some flexibility with respect to potential unusual circumstances requiring that cash be trapped in the SSPE in the best interests of investors, where a list of ‘exceptional circumstances’ is included in the transaction documentation in accordance with paragraph 59, such a list should be non-exhaustive. Amount trapped in the SSPE in the best interests of investors
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
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Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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