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+Article 16 3. |
Article 16 3.Where the securitised exposures are created by multiple originators, the following shall apply:
(a)
the requirements for the use of proceeds set out in Articles 4 to 8 shall be fulfilled by each originator on a pro rata basis, with reference to its share in the pool of the securitised exposures;
(b)
the requirements set out in Articles 10, 11, 12, 15, 18 and 19 shall be fulfilled by the originators jointly, clearly indicating the extent to which each originator has complied with its respective requirements;
(c)
the requirements to obtain an external review set out in Articles 10 and 11 shall be fulfilled by the originators jointly;
(d)
where multiple originators decide to seek an impact report review referred to in Article 12(3), they shall jointly comply with the requirements thereof. 1. Prezentare generală
1.1 Referințe1.2 Cerințe identificate1.3 Standarde asociate2. Cerințe identificate
3. Standarde asociate
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