STS Criterion 14. Risk retention requirements
From Open Risk Manual
Revision as of 20:46, 12 November 2019 by Wiki admin (talk | contribs) (Created page with "== Description == Risk retention requirements <ref>EBA STS Framework for Synthetic Securitisation, EBA/DP/2019/01</ref> == Content == The originator or original lender should...")
Description
Risk retention requirements [1]
Content
The originator or original lender should satisfy the risk-retention requirement in accordance with Article 6 of the Securitisation Regulation.
Rationale
See overarching consistency with the framework for traditional securitisation.
Although it is not necessary strictly to include this requirement in the STS criteria, given it is applicable to all securitisations as per Article 6 of the Securitisation Regulation, it is included here for consistency purposes.
Issues and Challenges
xxx
References
- ↑ EBA STS Framework for Synthetic Securitisation, EBA/DP/2019/01
