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Document 32020R1227
Commission Implementing Regulation (EU) 2020/1227 of 12 November 2019 laying down implementing technical standards with regard to templates for the provision of information in accordance with the STS notification requirements (Text with EEA relevance)
Commission Implementing Regulation (EU) 2020/1227 of 12 November 2019 laying down implementing technical standards with regard to templates for the provision of information in accordance with the STS notification requirements (Text with EEA relevance)
Commission Implementing Regulation (EU) 2020/1227 of 12 November 2019 laying down implementing technical standards with regard to templates for the provision of information in accordance with the STS notification requirements (Text with EEA relevance)
C/2019/8011
IO L 289, 3.9.2020, p. 315–329
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
In force
- Date of document:
- 12/11/2019; Dáta ar glacadh
- Date of effect:
- 23/09/2020; Teacht i bhfeidhm Dáta foilsithe +20 Féach Airt. 2
- Date of end of validity:
- No end date
- Author:
- An Coimisiún Eorpach, Ard-Stiúrthóireacht um Chobhsaíocht Airgeadais, Seirbhísí Airgeadais agus Aontas na Margaí Caipitil
- Responsible body:
- FISMA
- Form:
- Rialachán cur chun feidhme
- Additional information:
- Ábharthacht maidir le LEE
- Treaty:
- An Conradh ar Fheidhmiú an Aontais Eorpaigh
- Legal basis:
-
- 32017R2402 - A27P7
- Link
- Link
- Link
- Select all documents mentioning this document No data available in the table
- Modified by:
-
Relation Act Comment Subdivision concerned From To Modified by 32022R1929 Cur le iarscríbhinn IV 02/11/2022 Modified by 32022R1929 Athchur airteagal 1 mír 6 02/11/2022 Modified by 32022R1929 Athchur iarscríbhinn I tábla Téacs 02/11/2022 Modified by 32022R1929 Athchur airteagal 1 mír 4 02/11/2022 Modified by 32022R1929 Athchur iarscríbhinn II tábla Téacs 02/11/2022 Modified by 32022R1929 Cur le airteagal 1 mír 3a 02/11/2022 Modified by 32022R1929 Athchur iarscríbhinn III tábla Téacs 02/11/2022 - Instruments cited:
- Link
- EUROVOC descriptor:
- Subject matter:
- Directory code:
|
3.9.2020 |
EN |
Official Journal of the European Union |
L 289/315 |
COMMISSION IMPLEMENTING REGULATION (EU) 2020/1227
of 12 November 2019
laying down implementing technical standards with regard to templates for the provision of information in accordance with the STS notification requirements
(Text with EEA relevance)
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012 (1), and in particular Article 27(7) thereof,
Whereas:
|
(1) |
To facilitate effective and harmonised notifications, information regarding securitisations meeting the requirements on simple, transparent and standardised criteria (STS) set out in Articles 19 to 22 and Articles 23 to 26 of Regulation (EU) 2017/2402 should be reported to the European Securities and Markets Authority (ESMA) in a consistent format and in accordance with uniform standards. |
|
(2) |
The provision of information in a harmonised format allows for efficient data collection by ESMA and facilitates consistency checks and assessment of completeness by investors and competent authorities. The format for each of the fields to be reported in a STS notification should therefore be specified and any information submitted to ESMA should be submitted electronically. |
|
(3) |
This Regulation is based on the draft implementing technical standards submitted by ESMA to the Commission in accordance with Article 15 of Regulation (EU) No 1095/2010 of the European Parliament and of the Council (2). |
|
(4) |
ESMA has conducted an open public consultation on the draft implementing technical standards on which this Regulation is based, analysed the potential related costs and benefits and requested the opinion of the Securities and Markets Stakeholder Group established by Article 37 of Regulation (EU) No 1095/2010, |
HAS ADOPTED THIS REGULATION:
Article 1
Templates for STS notification
1. The information referred to in Article 1(1)(a) and Article 1(2)(a) of Commission Delegated Regulation (EU) 2020/1226 (3) shall be provided by means of the template set out in Annex I to this Regulation.
2. The information referred to in Article 1(1)(b) and Article 1(2)(b) of Delegated Regulation (EU) 2020/1226 shall be provided by means of the template set out in Annex II to this Regulation.
3. The information referred to in Article 1(1)(c) and Article 1(2)(c) of Delegated Regulation (EU) 2020/1226 shall be provided by means of the template set out in Annex III to this Regulation.
4. Where the information to be provided pursuant to this Article is not available or required due to the application of the transitional provisions laid down in Article 43 of Regulation (EU) 2017/2402, the notification shall state ‘Not applicable due to the application of transitional provisions’ in the relevant field or fields of the Annexes to this Regulation.
5. The information referred to in this Article shall be submitted in an electronic and machine-readable form.
6. The ‘Additional information’ referred to in Article 2 of Delegated Regulation (EU) 2020/1226 shall be included in the field ‘Box to complete’ of Annexes I to III to this Regulation.
Article 2
Entry into force
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 12 November 2019.
For the Commission
The President
Jean-Claude JUNCKER
(1) OJ L 347, 28.12.2017, p. 35.
(2) Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Securities and Markets Authority), amending Decision 716/2009/EC and repealing Commission Decision 2009/77/EC (OJ L 331, 15.12.2010, p. 84).
(3) Commission Delegated Regulation (EU) 2020/1226 of 12 November 2019 supplementing Regulation (EU) 2017/2402 of the European Parliament and of the Council and laying down regulatory technical standards specifying the information to be provided in accordance with the STS notification requirements (See page 285 of this Official Journal).
ANNEX I
Field formats to be applied to the STS notification form
|
SYMBOL |
DATA TYPE |
DEFINITION |
|
{ALPHANUM-n} |
Up to n alphanumeric characters |
Free text field. Should be entered in ASCII format (no accented characters). |
|
{COUNTRYCODE_2} |
2 alphanumeric characters |
2 letter country code, as defined by ISO 3166-1 alpha-2 country code. Should be entered in ASCII format (no accented characters). |
|
{CURRENCYCODE_3} |
3 alphanumeric characters |
3 letter currency code, as defined by ISO 4217 currency codes. Should be entered in ASCII format (no accented characters). |
|
{DATEFORMAT} |
ISO 8601 date format |
Dates shall be formatted by the following format: YYYY-MM-DD |
|
{Y/N} |
1 alphanumeric character |
‘true’- Y ’false’ – N |
|
{ISIN} |
12 alphanumeric characters |
ISIN code, as defined in ISO 6166 |
|
{LEI} |
20 alphanumeric characters |
Legal entity identifier, as defined in ISO 17442 |
STS notification form for non-ABCP securitisations
|
FIELD CODE |
FIELD NAME |
BOX TO COMPLETE |
FIELD FORMAT |
|
STSS0 |
First contact point |
|
{ALPHANUM-1000} |
|
STSS1 |
Instrument identification code |
|
{ISIN} |
|
STSS2 |
LEI of the originator or sponsor or original lender |
|
{LEI} |
|
STSS3 |
Notification identifier |
|
{ALPHANUM-100} |
|
STSS4 |
Unique Identifier |
|
{ALPHANUM-100} |
|
STSS5 |
Prospectus Identifier |
|
{ALPHANUM-100} |
|
STSS6 |
Securitisation repository |
|
{ALPHANUM-1000} |
|
STSS7 |
Securitisation Name |
|
{ALPHANUM-100} |
|
STSS8 |
Country of establishment |
|
{COUNTRYCODE_2} |
|
STSS9 |
Securitisation classification |
|
{LIST} |
|
STSS10 |
Underlying Exposures Type |
|
{LIST} |
|
STSS11 |
Issue date |
|
{DATEFORMAT} |
|
STSS12 |
Notification Date |
|
{DATEFORMAT} |
|
STSS13 |
Authorised third party |
|
{ALPHANUM-100} |
|
STSS14 |
Authorised third party (name and country of establishment) |
|
{ALPHANUM-1000} {COUNTRYCODE_2} |
|
STSS15 |
Competent authority which has authorised the third party |
|
{ALPHANUM-100} |
|
STSS16 |
STS status |
|
{ALPHANUM-1000} |
|
STSS17 |
Originator (or original lender) not a EU credit institution |
|
{Y/N} |
|
STSS18 |
Confirmation of credit-granting criteria |
|
{ALPHANUM-1000} |
|
STSS19 |
Declaration that credit-granting criteria are subject to supervision |
|
{ALPHANUM-1000} |
|
STSS20 |
Underlying exposures acquired by true sale |
|
{ALPHANUM-10000} |
|
STSS21 |
No severe clawback |
|
{ALPHANUM-10000} |
|
STSS22 |
Exemption for clawback provisions in national insolvency laws |
|
{ALPHANUM-1000} |
|
STSS23 |
Transfer where the seller is not the original lender |
|
{ALPHANUM-1000} |
|
STSS24 |
Transfer performed by means of an assignment and perfected at a later stage |
|
{ALPHANUM-10000} |
|
STSS25 |
Representations and warranties |
|
{ALPHANUM-10000} |
|
STSS26 |
Criteria for active Portfolio Management |
|
{ALPHANUM-10000} |
|
STSS27 |
Homogeneity of assets |
|
{ALPHANUM} |
|
STSS28 |
Underlying Exposure Obligations/no re-securitisation |
|
{ALPHANUM-1000} |
|
STSS29 |
Soundness of the underwriting standard |
|
{ALPHANUM} |
|
STSS30 |
Originator/Lender Expertise |
|
{ALPHANUM} |
|
STSS31 |
Defaulted Assets |
|
{ALPHANUM} |
|
STSS32 |
At least one payment at the time of transfer |
|
{ALPHANUM-1000} |
|
STSS33 |
Repayment of the holders/sale of assets. |
|
{ALPHANUM} |
|
STSS34 |
Compliance with the risk retention requirements |
|
{LIST} |
|
STSS35 |
Mitigation of Interest rates (IR) and currency risks (FX) Risks |
|
{ALPHANUM-10000} |
|
STSS36 |
Derivatives Purchased/Sold by SSPE |
|
{ALPHANUM-10000} |
|
STSS37 |
Derivatives using common standards |
|
{ALPHANUM-10000} |
|
STSS38 |
Referenced interest payments based on generally used interest rates |
|
{ALPHANUM-10000} |
|
STSS39 |
No trapping of cash following enforcement or acceleration notice |
|
{ALPHANUM-10000} |
|
STSS40 |
No amount of cash shall be trapped |
|
{ALPHANUM-1000} |
|
STSS41 |
Principal receipts shall be passed to investors |
|
{ALPHANUM-1000} |
|
STSS42 |
Repayment shall not be reversed with regard to their seniority |
|
{ALPHANUM-1000} |
|
STSS43 |
No provisions shall require automatic liquidation of the underlying exposures at market value |
|
{ALPHANUM-1000} |
|
STSS44 |
Securitisations featuring non-sequential priority of payments |
|
{ALPHANUM-1000} |
|
STSS45 |
Revolving securitisation with early amortisation events for termination of revolving period based on prescribed triggers |
|
{ALPHANUM-10000} |
|
STSS46 |
Deterioration in the credit quality of the underlying exposures |
|
{ALPHANUM-10000} |
|
STSS47 |
Occurrence of an insolvency-related event of the originator or servicer |
|
{ALPHANUM-10000} |
|
STSS48 |
Value of the underlying exposures held by the SSPE falls below a pre-determined threshold |
|
{ALPHANUM-10000} |
|
STSS49 |
Failure to generate sufficient new underlying exposures meeting pre-determined credit quality (trigger for termination of the revolving period) |
|
{ALPHANUM-10000} |
|
STSS50 |
Information regarding contractual obligations of the servicer, trustee and other ancillary service providers |
|
{ALPHANUM-1000} |
|
STSS51 |
Servicing Continuity Provisions |
|
{ALPHANUM-1000} |
|
STSS52 |
Derivative Counterparties Continuity Provisions |
|
{ALPHANUM-1000} |
|
STSS53 |
Liquidity providers and account bank continuity provisions |
|
{ALPHANUM-1000} |
|
STSS54 |
Required expertise from the servicer & policies & adequate procedures & risk management controls in place |
|
{ALPHANUM} |
|
STSS55 |
Clear & consistent definitions (problem loans) |
|
{ALPHANUM-1000} |
|
STSS56 |
Priorities of payment and triggers events |
|
{ALPHANUM-1000} |
|
STSS57 |
Timely resolution of conflicts between classes of investors and responsibilities of trustees |
|
{ALPHANUM-1000} |
|
STSS58 |
Historical Default and Loss Performance Data |
|
{ALPHANUM-1000} |
|
STSS59 |
Sample of the underlying exposures subject to external verifications |
|
{ALPHANUM-1000} |
|
STSS60 |
Availability of a liability cash flow model to potential investors |
|
{ALPHANUM-1000} |
|
STSS61 |
Environmental performance/residential loans or car loans or leases |
|
{ALPHANUM-10000} |
|
STSS62 |
Originator and sponsor responsible for compliance with Article 7 of Regulation (EU) 2017/2402 |
|
{ALPHANUM-1000} |
ANNEX II
Field formats to be applied to the STS notification form
|
SYMBOL |
DATA TYPE |
DEFINITION |
|
{ALPHANUM-n} |
Up to n alphanumeric characters |
Free text field. Should be entered in ASCII format (no accented characters). |
|
{COUNTRYCODE_2} |
2 alphanumeric characters |
2 letter country code, as defined by ISO 3166-1 alpha-2 country code. Should be entered in ASCII format (no accented characters). |
|
{CURRENCYCODE_3} |
3 alphanumeric characters |
3 letter currency code, as defined by ISO 4217 currency codes. Should be entered in ASCII format (no accented characters). |
|
{DATEFORMAT} |
ISO 8601 date format |
Dates shall be formatted by the following format: YYYY-MM-DD |
|
{Y/N} |
1 alphanumeric character |
‘true’- Y ’false’ – N |
|
{ISIN} |
12 alphanumeric characters |
ISIN code, as defined in ISO 6166 |
|
{LEI} |
20 alphanumeric characters |
Legal entity identifier, as defined in ISO 17442 |
STS notification form for ABCP securitisations
|
FIELD CODE |
FIELD NAME |
BOX TO COMPLETE |
FIELD FORMAT |
|
STSAT0 |
First contact point |
|
{ALPHANUM-1000} |
|
STSAT1 |
Instrument identification code |
|
{ISIN} |
|
STSAT2 |
LEI of the originator or sponsor or original lender |
|
{LEI} |
|
STSAT3 |
Notification identifier |
|
{ALPHANUM-100} |
|
STSAT4 |
Unique Identifier |
|
{ALPHANUM-100} |
|
STSAT5 |
Prospectus Identifier |
|
{ALPHANUM-100} |
|
STSAT6 |
Securitisation repository |
|
{ALPHANUM-1000} |
|
STSAT7 |
Securitisation Name |
|
{ALPHANUM-100} |
|
STSAT8 |
Place of establishment |
|
{ALPHANUM-1000} |
|
STSAT9 |
Securitisation Type |
|
{LIST} |
|
STSAT10 |
Underlying Exposures Type |
|
{LIST} |
|
STSAT11 |
Issue date |
|
{DATEFORMAT} |
|
STSAT12 |
Notification Date |
|
{DATEFORMAT} |
|
STSAT13 |
Authorised third party |
|
{ALPHANUM-100} |
|
STSAT14 |
Authorised third party (name and country of establishment) |
|
{ALPHANUM-1000} {COUNTRYCODE_2} |
|
STSAT15 |
Competent authority which has authorised the third party |
|
{ALPHANUM-100} |
|
STSAT16 |
STS status |
|
{ALPHANUM-1000} |
|
STSAT17 |
Originator (or original lender) not a EU credit institution |
|
{Y/N} |
|
STSAT18 |
Confirmation of credit-granting criteria |
|
{ALPHANUM-1000} |
|
STSAT19 |
Declaration that credit-granting criteria are subject to supervision |
|
{ALPHANUM-1000} |
|
STSAT20 |
Underlying exposures acquired by true sale |
|
{ALPHANUM-10000} |
|
STSAT21 |
No severe clawback |
|
{ALPHANUM-10000} |
|
STSAT22 |
Exemption for clawback provisions in national insolvency laws |
|
{ALPHANUM-1000} |
|
STSAT23 |
Transfer where the seller is not the original lender |
|
{ALPHANUM-1000} |
|
STSAT24 |
Transfer performed by means of an assignment and perfected at a later stage |
|
{ALPHANUM-10000} |
|
STSAT25 |
Representations and warranties |
|
{ALPHANUM-10000} |
|
STSAT26 |
Criteria for active Portfolio Management |
|
{ALPHANUM-10000} |
|
STSAT27 |
No re-securitisation |
|
{ALPHANUM-1000} |
|
STSAT28 |
Transferred underlying exposures without defaulted exposures |
|
{ALPHANUM} |
|
STSAT29 |
At least one payment made at the time of transfer |
|
{ALPHANUM-1000} |
|
STSAT30 |
Repayment of the holders/sale of assets. |
|
{ALPHANUM} |
|
STSAT31 |
Mitigation of Interest rates (IR) and currency risks (FX) Risks |
|
{ALPHANUM-10000} |
|
STSAT32 |
Derivatives Purchased/Sold by SSPE |
|
{ALPHANUM-10000} |
|
STSAT33 |
Derivatives in Underlying Exposures |
|
{ALPHANUM-10000} |
|
STSAT34 |
Derivatives using common standards |
|
{ALPHANUM-10000} |
|
STSAT35 |
Clear and consistent definitions relating to the treatment of problem loans |
|
{ALPHANUM-1000} |
|
STSAT36 |
Priority of Payments and triggers events |
|
{ALPHANUM-1000} |
|
STSAT37 |
Historical Default and Loss Performance Data |
|
{ALPHANUM-1000} |
|
STSAT38 |
Homogeneity of assets |
|
{ALPHANUM} |
|
STSAT39 |
Underlying Exposure Obligations |
|
{ALPHANUM-1000} |
|
STSAT40 |
Underlying Exposure Obligations |
|
{ALPHANUM-1000} |
|
STSAT41 |
Referenced interest payments based on generally used interest rates |
|
{ALPHANUM-10000} |
|
STSAT42 |
No trapping of cash flow following enforcement or acceleration notice |
|
{ALPHANUM-10000} |
|
STSAT43 |
No trapping of cash/enforcement or acceleration |
|
{ALPHANUM-1000} |
|
STSAT44 |
Principal receipts shall be passed to investors |
|
{ALPHANUM-1000} |
|
STSAT45 |
No provisions shall require automatic liquidation of the underlying exposures at market value |
|
{ALPHANUM-1000} |
|
STSAT46 |
Soundness of the underwriting standards |
|
{ALPHANUM} |
|
STSAT47 |
Seller Expertise |
|
{ALPHANUM} |
|
STSAT48 |
Revolving ABCP transaction/credit quality trigger. |
|
{ALPHANUM} |
|
STSAT49 |
Securitisation Participant Duties |
|
{ALPHANUM-1000} |
|
STSAT50 |
Servicing Continuity Provisions |
|
{ALPHANUM-1000} |
|
STSAT51 |
Derivative counterparty and account bank continuity provisions |
|
{ALPHANUM-1000} |
|
STSAT52 |
Sponsor Robustness |
|
{ALPHANUM-1000} |
ANNEX III
Field formats to be applied to the STS notification form
|
SYMBOL |
DATA TYPE |
DEFINITION |
|
{ALPHANUM-n} |
Up to n alphanumeric characters |
Free text field. Should be entered in ASCII format (no accented characters). |
|
{COUNTRYCODE_2} |
2 alphanumeric characters |
2 letter country code, as defined by ISO 3166-1 alpha-2 country code. Should be entered in ASCII format (no accented characters). |
|
{CURRENCYCODE_3} |
3 alphanumeric characters |
3 letter currency code, as defined by ISO 4217 currency codes. Should be entered in ASCII format (no accented characters). |
|
{DATEFORMAT} |
ISO 8601 date format |
Dates shall be formatted by the following format: YYYY-MM-DD |
|
{Y/N} |
1 alphanumeric character |
‘true’- Y ’false’ – N |
|
{ISIN} |
12 alphanumeric characters |
ISIN code, as defined in ISO 6166 |
|
{LEI} |
20 alphanumeric characters |
Legal entity identifier, as defined in ISO 17442 |
STS notification form for ABCP Programme
|
FIELD CODE |
FIELD NAME |
BOX TO COMPLETE |
FIELD FORMAT |
|
STSAP0 |
First contact point |
|
{ALPHANUM-1000} |
|
STSAP1 |
Instrument identification code |
|
{ISIN} |
|
STSAP2 |
LEI of the sponsor |
|
{LEI} |
|
STSAP3 |
Notification identifier |
|
{ALPHANUM-100} |
|
STSAP4 |
Unique Identifier |
|
{ALPHANUM-100} |
|
STSAP5 |
Prospectus Identifier |
|
{ALPHANUM-100} |
|
STSAP6 |
Securitisation repository |
|
{ALPHANUM-1000} |
|
STSAP7 |
ABCP programme name |
|
{ALPHANUM-100} |
|
STSAP8 |
Country of establishment |
|
{ALPHANUM-1000} |
|
STSAP9 |
Instrument classification |
|
{LIST} |
|
STSAP10 |
Issue date |
|
{DATEFORMAT} |
|
STSAP11 |
Notification date |
|
{DATEFORMAT} |
|
STSAP12 |
Authorised third party |
|
{ALPHANUM-100} |
|
STSAP13 |
Authorised third party (name and country of establishment) |
|
{ALPHANUM-1000} {COUNTRYCODE_2} |
|
STSAP14 |
Competent authority which has authorised the third party |
|
{ALPHANUM-100} |
|
STSAP15 |
STS status |
|
{ALPHANUM-1000} |
|
STSAP16 |
Sponsor to be supervised credit institution |
|
{ALPHANUM-1000} |
|
STSAP17 |
Sponsor Support as liquidity provider |
|
{ALPHANUM-1000} |
|
STSAP18 |
Demonstration to credit institution’s competent authority |
|
{ALPHANUM-1000} |
|
STSAP19 |
Compliance with sponsor’s due diligence requirements |
|
{ALPHANUM-1000} |
|
STSAP20 |
Compliance with the risk retention requirements (transaction level/programme level) |
|
{LIST} |
|
STSAP21 |
Compliance at ABCP programme level with Article 7 of Regulation (EU) 2017/2402 |
|
{ALPHANUM-1000} |
|
STSAP22 |
Drawn down of liquidity where liquidity facility are not renewed |
|
{ALPHANUM-10000} |
|
STSAP23 |
Compliance of ABCP transactions within an ABCP programme with Article 24(1) to (8) and (12) to (20) of Regulation (EU) 2017/2402 |
|
{ALPHANUM-1000} |
|
STSAP24 |
Maximum of 5 % of the aggregate amount of the underlying exposures being temporally non-compliant |
|
{ALPHANUM} |
|
STSAP25 |
Remaining weighted of the average life (WAL) not more than two years |
|
{ALPHANUM-1000} |
|
STSAP26 |
Fully supported ABCP Programme (Sponsor Support) |
|
{ALPHANUM-10000} |
|
STSAP27 |
No re-securitisation and no credit enhancement establishing a second layer of tranching at the ABCP programme level |
|
{ALPHANUM-1000} |
|
STSAP28 |
No call options |
|
{ALPHANUM-1000} |
|
STSAP29 |
Interest rate and currency risks at ABCP programme appropriately mitigated and documented |
|
{ALPHANUM} |
|
STSAP30 |
Requirements for ABCP programme documentation (responsibilities of the trustee to investors) |
|
{ALPHANUM-1000} |
|
STSAP31 |
Requirements for the ABCP programme documentation (contractual obligations of the sponsor) |
|
{ALPHANUM-1000} |
|
STSAP32 |
Requirements for the ABCP programme documentation (process & responsibilities in case of defaulted servicer) |
|
{ALPHANUM-1000} |
|
STSAP33 |
Requirements for the ABCP programme documentation (provisions for replacement of derivatives counterparties and the account bank) |
|
{ALPHANUM-1000} |
|
STSAP34 |
Requirements for the ABCP programme documentation (procedures to ensure collateralisation of the funding commitment) |
|
{ALPHANUM-1000} |
|
STSAP35 |
Requirements for the ABCP programme documentation (liquidity facility & maturing securities to be repaid where the sponsor does not renew the funding commitment of the liquidity facility before its expiry) |
|
{ALPHANUM-1000} |
|
STSAP36 |
Servicer Expertise |
|
{ALPHANUM} |
