58. For the purpose of Article 26c(5), third subparagraph, of Regulation (EU) 2017/2402, once the …

For the purpose of Article 26c(5), third subparagraph, of Regulation (EU) 2017/2402, once the reversion of the amortisation to sequential payment is applied as a consequence of the breach of any performance-related trigger, a further reversion back to non-sequential amortisation should not be allowed in accordance with the transaction documentation.

Transaction documentation (Article 26c(7) of Regulation (EU) 2017/2402)

Servicing standards

1. Overview

1.1 References

• Article 26c 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/