Art. 270b

in force 2019-01-01 INSERTED+307 −0§

Amended by Regulation (EU) 2017/2401 32017R2401 · Regulation (EU) 2019/876 32019R0876

applies from: unknown (an inserted provision states its own application date only in prose)

Sources disagree — the text comparison found this change; the EU's own amendment metadata does not list it. Both are shown; neither is overruled.

This provision is new, adding Article 270b to set out that institutions may only use credit assessments to determine the risk weight of a securitisation position where the credit assessment has been issued or endorsed by an ECAI in accordance with Regulation (EC) No 1060/2009.

Cited: Art. 270b, v2

Article 270b
Use of credit assessments by ECAIs
Institutions may use only credit assessments to determine the risk weight of a securitisation position in accordance with this Chapter where the credit assessment has been issued or has been endorsed by an ECAI in accordance with Regulation (EC) No 1060/2009.