Senior positions in STS on-balance sheet securitisations
An originator institution may calculate the risk-weighted exposure amounts of a securitisation position in an STS on-balance sheet securitisation as referred to in Article 26a(1) of Regulation (EU) 2017/2402 in accordance with Article 260, 262 or 264 of this Regulation, as applicable, where that position meets both of the following conditions:
the securitisation meets the requirements set out in Article 243(2);
the position qualifies as the senior securitisation position.
EBA shall monitor the application of paragraph 1 in particular with regard to: