20. For the purposes of Article 26b(7) of Regulation (EU) 2017/2402, meeting ‘ eligibility criteria …

For the purposes of Article 26b(7) of Regulation (EU) 2017/2402, meeting ‘ eligibility criteria that are no less stringent than those applied in the initial selection of the underlying exposures’ should be understood to mean that eligibility criteria are no less strict than the eligibility criteria applied to the initial underlying exposures at the closing of the transaction.

1. Overview

1.1 References

• Article 26b 7.

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/