73. For the purposes of Article 26d(2) of Regulation (EU) 2017/2402, a party should be deemed …

For the purposes of Article 26d(2) of Regulation (EU) 2017/2402, a party should be deemed appropriate and independent when it meets both of the following conditions:

• a. it has the experience and capability to carry out the verification;
• b. it is none of the following:
• i. a credit rating agency;
• ii. a third party verifying STS compliance in accordance with Article 28 of Regulation (EU) 2017/2402;
• iii. an entity affiliated to the originator, sponsor, investor or SSPE.

Scope of the verification

1. Overview

1.1 References

• Article 26d 2.
• Article 28 Third party verifying STS compliance

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/