2019-05-15
The Commission de Surveillance du Secteur Financier (CSSF) issues this circular to implement the European Banking Authority’s guidelines on Simple, Transparent, and Standardised (STS) criteria for both non-ABCP and ABCP securitisation. It establishes the specific national requirements and verification procedures that credit institutions and investment firms must follow to qualify securitisation transactions for the STS regulatory treatment. The document incorporates amendments introduced by Circular CSSF 24/868 to align the framework with updated regulatory standards and ensure consistent application across the Luxembourg financial sector.
Published on 15 May 2019
Updated on 9 December 2024
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CSSF circular
Implementation of the EBA Guidelines on the STS criteria for non-ABCP securitisation and the STS criteria for ABCP securitisation
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Related documents
9 December 2024
Circular CSSF 24/868
regarding amendments to Circular CSSF 19/719: Implementing the EBA Guidelines on the STS criteria for non-ABCP securitisation and the STS criteria for ABCP securitisation
PDF (1.93Mb)
PDF (2.68Mb)