+24. For the purposes of Article 26b(8), third subparagraph, of Regulation (EU) 2017/2402, exposures …
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24. For the purposes of Article 26b(8), third subparagraph, of Regulation (EU) 2017/2402, exposures …
For the purposes of Article 26b(8), third subparagraph, of Regulation (EU) 2017/2402, exposures with defined periodic payment streams should include: - a. exposures payable in a single instalment in the case of revolving securitisation, as referred to in Article 26b(12), point (a), of Regulation (EU) 2017/2402;
- b. exposures related to credit card facilities;
- c. exposures with instalments consisting of interest and where the principal is repaid at maturity, including interest-only mortgages;
- d. exposures with instalments consisting of interest and repayment of a portion of the principal, where either of the following conditions is met:
| (i) the remaining principal is repaid at maturity; (ii) the repayment of the principal is dependent on the sale of assets securing the exposures; |
- e. exposures with temporary payment holidays as contractually agreed between the debtor and the lender.
Underwriting standards, originator’s expertise (Article 26b(10) of Regulation (EU) 2017/2402) Disclosure of material changes from prior underwriting standards
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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