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Regulation 4 Amendment of Regulation (EU) 2017/2402

Original text. Later amendments are not shown.

(1)

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 648/2012f1 is amended as follows.

(2)

In Article 5(3)(d)(i) (due-diligence requirements for institutional investors), for “two years” substitute “four years”.

Annotations

Footnotes

f1

EUR 2017/2402. Article 5(3)(d) was inserted by S.I. 2019/660 (as amended by S.I. 2020/1301); there are other amending instruments but none is relevant.