SECR

• SECR
  • Recital
  • CHAPTER 1 GENERAL PROVISIONS
    • Article 1 Subject matter and scope
    • Article 2 Definitions

      Q&A

      Q&A
    • Article 3 Selling of securitisations to retail clients
    • Article 4 Requirements for SSPEs
  • CHAPTER 2 PROVISIONS APPLICABLE TO ALL SECURITISATIONS
    • Article 5 Due-diligence requirements for institutional investors

      OP
    • Article 6 Risk retention

      OP

      Q&A

      RTS
    • Article 7 Transparency requirements for originators, sponsors and SSPEs

      ITS

      RTS

      Q&A

      OP
    • Article 8 Ban on resecuritisation

      OP
    • Article 9 Criteria for credit-granting

      OP
  • CHAPTER 3 CONDITIONS AND PROCEDURES FOR REGISTRATION OF A SECURITISATION REPOSITORY
    • Article 10 Registration of a securitisation repository

      GL

      GL

      RTS

      RTS

      ITS
    • Article 11 Notification and consultation with competent authorities prior to registration or extension of registration
    • Article 12 Examination of the application
    • Article 13 Notification of ESMA decisions relating to registration or extension of registration
    • Article 14 Powers of ESMA
    • Article 15 Withdrawal of registration
    • Article 16 Supervisory fees

      DA
    • Article 17 Availability of data held in a securitisation repository

      RTS

      RTS

      ITS
  • CHAPTER 4 SIMPLE, TRANSPARENT AND STANDARDISED SECURITISATION
    • Article 18 Use of the designation ‘simple, transparent and standardised securitisation’
      • SECTION 1 Requirements for simple, transparent and standardised non-ABCP traditional securitisation
    • Article 19 Simple, transparent and standardised non-ABCP traditional securitisation
    • Article 20 Requirements relating to simplicity

      RTS
    • Article 21 Requirements relating to standardisation
    • Article 22 Requirements relating to transparency

      Q&A
      • SECTION 2 Requirements for simple, transparent and standardised ABCP securitisation
    • Article 23 Simple, transparent and standardised ABCP securitisation
    • Article 24 Transaction-level requirements

      RTS
    • Article 25 Sponsor of an ABCP programme
    • Article 26 Programme-level requirements
      • SECTION 2a Requirements for simple, transparent and standardised on-balance-sheet securitisations
    • Article 26a Simple, transparent and standardised on-balance-sheet securitisations
    • Article 26b Requirements relating to simplicity
    • Article 26c Requirements relating to standardisation

      RTS
    • Article 26d Requirements relating to transparency
    • Article 26e Requirements concerning the credit protection agreement, the third-party verification agent and the synthetic excess spread
      • SECTION 3 STS notification
    • Article 27 STS notification requirements

      Q&A

      Q&A

      RTS

      ITS
    • Article 28 Third party verifying STS compliance

      RTS
  • CHAPTER 5 SUPERVISION
    • Article 29 Designation of competent authorities
    • Article 30 Powers of the competent authorities
    • Article 31 Macroprudential oversight of the securitisation market
    • Article 32 Administrative sanctions and remedial measures
    • Article 33 Exercise of the power to impose administrative sanctions and remedial measures
    • Article 34 Criminal sanctions
    • Article 35 Notification duties
    • Article 36 Cooperation between competent authorities and the ESAs

      RTS
    • Article 37 Publication of administrative sanctions
  • CHAPTER 6 AMENDMENTS
    • Article 38 Amendment to Directive 2009/65/EC
    • Article 39 Amendment to Directive 2009/138/EC
    • Article 40 Amendment to Regulation (EC) No 1060/2009
    • Article 41 Amendment to Directive 2011/61/EU
    • Article 42 Amendment to Regulation (EU) No 648/2012
    • Article 43 Transitional provisions

      Q&A
    • Article 43a Transitional provisions for STS on-balance-sheet securitisations
    • Article 44 Reports
    • Article 45a Development of a sustainable securitisation framework
    • Article 46 Review
    • Article 47 Exercise of the delegation
    • Article 48 Entry into force