Updated 19/05/2024
No longer in force since 06/11/2023

Version from: 28/10/2015
References (13)
eba.europa.eu/regulatory-technical-standards-securitisation-retention-rules-and-draft-implementing-technical
08/10/2015
Amendment: Delegated Regulation 2015/1798 published in OJ
13/06/2014
Delegated Regulation 625/2014 published in OJ
17/12/2013
EBA/RTS/2013/12 and EBA/ITS/2013/08
Final Draft published
22/05/2013
EBA/CP/2013/14
Consultation published
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CRR ToolDelegated Regulation 625/2014

Delegated Regulation 625/2014

Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council by way of regulatory technical standards specifying the requirements for investor, sponsor, original lenders and originator institutions relating to exposures to transferred credit risk (Text with EEA relevance)

Recitals
Article 3 - Retainers of material net economic interestArticle 4 - Fulfilment of the retention requirement through a synthetic or contingent form of retentionArticle 5 - Retention option (a): pro rata retention in each of the tranches sold or transferred to investors Q&AArticle 6 - Retention option (b): retention of the originator's interest for revolving exposuresArticle 7 - Retention option (c): retention of randomly selected exposuresArticle 8 - Retention option (d): retention of the first loss trancheArticle 9 - Retention option (e): retention of a first loss in every securitised exposureArticle 10 - Measurement of the level of retentionArticle 11 - Measurement of retention for the undrawn amounts in exposures in the form of credit facilitiesArticle 12 - Prohibition of hedging or selling the retained interestArticle 13 - Exemptions to Article 405(1) of Regulation (EU) No 575/2013Article 14 - Retention on a consolidated basis