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Provision history · Securitisation Regulation

Art. 18 · Use of the designation simple, transparent and standardised securitisation

Securitisation Regulation · 32017R2402 · every version of this act · on EUR-Lex

1 change recorded across 1 version, newest first.

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Amended by Regulation (EU) 2021/557 32021R0557 on EUR-Lex

Applies from: no date changed

Explanation, written by a model and checked against the cited text

Point (a) now refers to the requirements set out in Section 1, 2 or 2a of the Chapter, whereas it previously referred only to Section 1 or Section 2.

Cited: Art. 18, v1 · Art. 18, v2

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version 32017R2402 → this version, in force 9 April 2021 02017R2402-20210409

Article 18 Use of the designation simple, transparent and standardised securitisation Originators, sponsors and SSPEs may use the designation STS or simple, transparent and standardised, or a designation that refers directly or indirectly to those terms for their securitisation, only where: (a) the securitisation meets all the requirements of set out in Section 1 1, 2 or Section 2 2a of this Chapter, and ESMA has been notified pursuant to Article 27(1); and (b) the securitisation is included in the list referred to in Article 27(5). The originator, sponsor and SSPE involved in a securitisation considered STS shall be established in the Union.