Article 55 | Delegated Regulation 231/2013

Article 55 - Delegated Regulation 231/2013

Article 55

Grandfathering clause

Articles 51 to 54 shall apply in relation to new securitisations issued on or after 1 January 2011. Articles 51 to 54 shall, after 31 December 2014, apply in relation to existing securitisations where new underlying exposures are added or substituted after that date.

CHAPTER I - DEFINITIONS (Article 1)

CHAPTER II - GENERAL PROVISIONS (Article 2-15)

CHAPTER III - OPERATING CONDITIONS FOR AIFMs (Article 16-82)

SECTION 1 - General principles (Article 16-29)

SECTION 2 - Conflicts of interest (Article 30-37)

SECTION 3 - Risk management (Article 38-45)

SECTION 4 - Liquidity management (Article 46-49)

SECTION 5 - Investment in securitisation positions (Article 50-56)Article 50 - Definitions Article 51 - Requirements for retained interest Article 52 - Qualitative requirements concerning sponsors and originators Article 53 - Qualitative requirements concerning AIFMs exposed to securitisations Article 54 - Corrective action Article 55 - Grandfathering clause Article 56 - Interpretation

SECTION 6 - Organisational requirements — general principles (Article 57-66)

SECTION 7 - Valuation (Article 67-74)

SECTION 8 - Delegation of AIFM functions (Article 75-82)

CHAPTER IV - DEPOSITARY (Article 83-102)

CHAPTER V - TRANSPARENCY REQUIREMENTS, LEVERAGE, RULES RELATING TO THIRD COUNTRIES AND EXCHANGE OF INFORMATION ON THE POTENTIAL CONSEQUENCES OF AIFM ACTIVITY (Article 103-116)

CHAPTER VI - FINAL PROVISIONS (Article 117)

Metadata

Related documents

Article 55 - Delegated Regulation 231/2013

Table of contents