Regulatory Alerts2023-07-12
Added · Updated
Notification Obligation for Implicit Support in Securitisation Transactions
Institutions providing implicit support to securitisation transactions are required to notify the competent supervisory authority. This obligation applies to both significant institutions under direct ECB supervision and less significant institutions supervised by DNB. Notifications must be submitted in writing within 15 business days following the execution of the transaction, with specific guidance and information requirements detailed in ECB and EBA documents.
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