securitisation special purpose entity
as defined in Directive 2006/48/EC of the European Parliament and of the Council of 14 June…, Article 4, point (44)
a corporation trust or other entity, other than a credit institution, organised for carrying on a securitisation or securitisations, the activities of which are limited to those appropriate to accomplishing that objective, the structure of which is intended to isolate the obligations of the SSPE from those of the originator credit institution, and the holders of the beneficial interests in which have the right to pledge or exchange those interests without restriction;
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Also defined in
- Regulation (EU) 2023/2631 of the European Parliament and of the Council of 22 November 2023 on European Green Bonds and… 32023R2631, Article 2, point (20)
a securitisation special purpose entity or SSPE as defined in Article 2, point (2), of Regulation (EU) 2017/2402 - CRR 32013R0575, Article 4(1), point (66)
a corporation trust or other entity, other than an institution, organised for carrying out a securitisation or securitisations, the activities of which are limited to those appropriate to accomplishing that objective, the structure of which is intended to isolate the obligations of the SSPE from… - Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit… 32013L0036, Article 3(1), point (52)
securitisation special purpose entity as defined in point (66) of Article 4(1) of Regulation (EU) No 575/2013