[ESMA 33-128-563 Securitisation Q&A, Q&A 5.1.20]

The definition of original lender applicable to these fields is laid down in Article 2(20) of the Securitisation Regulation: (20) ‘original lender’ means an entity which, itself or through related entities, directly or indirectly, concluded the original agreement which created the obligations or potential obligations of the debtor or potential debtor giving rise to the exposures being securitised.

A firm which purchases a third party’s exposures on its own account and then securitises them is not the original lender of those exposures for the purposes of these fields.