synthetic securitisation
as defined in Regulation (EU) 2023/2631 of the European Parliament and of the Council of…, Article 2, point (23) (Definitions)
a synthetic securitisation as defined in Article 2, point (10), of Regulation (EU) 2017/2402
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Also defined in
- CRR 32013R0575, Article 242, point (11)
a securitisation where the transfer of risk is achieved by the use of credit derivatives or guarantees, and the exposures being securitised remain exposures of the originator institution - 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 (38)
a securitisation where the tranching is achieved by the use of credit derivatives or guarantees, and the pool of exposures is not removed from the balance sheet of the originator credit institution;