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Article 494c - Grandfathering of senior securitisation positions

Article 494c

Grandfathering of senior securitisation positions

By way of derogation from Article 270, an originator institution may calculate the risk-weighted exposure amounts of a senior securitisation position in accordance with Article 260, 262 or 264 where both the following conditions are met:

(a) 

the securitisation was issued before 9 April 2021;

(b) 

the securitisation met, on 8 April 2021, the conditions laid down in Article 270 as applicable at that date.

In force

Version from: 08/07/2022

Amendment History