67. For the purposes of Article 21(6)(b) of Regulation (EU) 2017/2402, an insolvency-related event …

For the purposes of Article 21(6)(b) of Regulation (EU) 2017/2402, an insolvency-related event with respect to the servicer should lead to both of the following:

• (a) it should enable the replacement of the servicer in order to ensure continuation of the servicing;
• (b) it should trigger the termination of the revolving period.

5.6 Expertise of the servicer (Article 21(8))

Criteria for determining the expertise of the servicer

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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