89. For the purposes of Article 26e(4) of Regulation (EU) 2017/2402, the third-party verification …

For the purposes of Article 26e(4) of Regulation (EU) 2017/2402, the third-party verification agent should meet 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.

Sample verification in the case of securitisations with mezzanine positions

1. Overview

1.1 References

• Article 26e 4.
• 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/