securitisation special purpose entity
as defined in CRR, Article 4(1), point (66) (Definitions)
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 those of the originator institution, and in which the holders of the beneficial interests 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 - 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 - Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and… 32006L0048, 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…