EU Securitisation Regulation Rules definition

EU Securitisation Regulation Rules means the EU Securitisation Regulation, together with all relevant implementing regulations in relation thereto, all regulatory technical standards and implementing technical standards in relation thereto or applicable in relation thereto pursuant to any transitional arrangements made pursuant to the EU Securitisation Regulation and, in each case, any relevant guidance published in relation thereto by the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority (or in each case, any predecessor or any other applicable regulatory authority) or by the European Commission, in each case, as amended and in effect from time to time.

EU Securitisation Regulation Rules means the EU Securitisation Regulation, together with all relevant implementing regulations in relation thereto, all regulatory and/or implementing technical standards in relation thereto or applicable in relation thereto pursuant to any transitional arrangements made pursuant to the EU Securitisation Regulation and, in each case, any relevant official binding guidance and directions published in relation thereto by the European Banking Authority, the European Securities and Markets Authority or the European Insurance and Occupational Pensions Authority (or in each case, any predecessor, successor or replacement organization thereto)) or by the European Commission (all, except as otherwise stated, as amended from time to time).

EU Securitisation Regulation Rules means the EU Securitisation Regulation, together with all relevant implementing regulations in relation thereto, all regulatory technical standards, implementing technical standards and delegated regulations in relation thereto or applicable in relation thereto pursuant to any transitional arrangements made pursuant to the EU Securitisation Regulation and, in each case, any relevant guidance or policy statements published in relation thereto by European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority (or in each case, any predecessor or successor or any other applicable regulatory authority) or by the European Commission, in each case as amended and in effect from time to time.

Examples of EU Securitisation Regulation Rules in a sentence

• In carrying out any such enforcement action or transfers, the financing counterparty would not be required to have regard to the provisions of the EU Securitisation Regulation Rules or the UK Securitisation Regulation Rules, and any such enforcement or transfer could result in an Affected Investor being unable to comply with the applicable Investor Requirements.

• None of the Issuer, the Security Trustee, the Arranger, any Joint Lead Manager, the Liquidity Facility Provider or the Derivative Counterparty has any responsibility to maintain or enforce compliance with the EU Securitisation Regulation Rules or the UK Securitisation Regulation Rules.

• The EU Securitisation Regulation and the UK Securitisation Regulation are referred to together herein as the "Securitisation Regulations", and the EU Securitisation Regulation Rules and the UK Securitisation Regulation Rules are referred to together herein as the "Securitisation Regulation Rules".

• The EU Securitisation Regulation Rules provide that an entity shall not be considered an “originator” (as defined for purposes of the EU Securitisation Regulation) if it has been established or operates for the sole purpose of securitising exposures.

• Any failure to comply with the EU Securitisation Regulation Rules or the UK Securitisation Regulation Rules may, amongst other things, have a negative impact on the value and liquidity of the Offered Notes, and otherwise affect the secondary market for the Offered Notes.

• In addition, neither the Trustee nor the Security Trustee has any responsibility to maintain or enforce compliance with the EU Securitisation Regulation Rules or the UK Securitisation Regulation Rules.

• In carrying out any such enforcement action, the financing counterparty would not be required to have regard to the provisions of the EU Securitisation Regulation Rules or the UK Securitisation Regulation Rules, and any such enforcement could result in an Affected Investor being unable to comply with the applicable Investor Requirements.

• In particular investors should be aware of the EU Securitisation Regulation Rules and the UK Securitisation Regulation Rules (each as described in Section 3.36 (“Securitisation Regulation Rules”)) and the Japanese Due Diligence and Retention Rules (as described in Section 3.37 (“Japanese Due Diligence Retention Rules”)).

• The EU Securitisation Regulation together with the UK Securitisation Regulation are referred to herein as the "Securitisation Regulations", and the EU Securitisation Regulation Rules together with the UK Securitisation Regulation Rules are referred to herein as the "Securitisation Regulation Rules").

• As at the date of this Offering Circular, the EU Securitisation Regulation Rules include no such provision.

More Definitions of EU Securitisation Regulation Rules

EU Securitisation Regulation Rules means the EU Securitisation Regulation, together with any relevant regulatory and/or implementing technical standards adopted by the European Commission in relation thereto, any relevant regulatory and/or implementing technical standards applicable in relation thereto pursuant to any transitional arrangements made pursuant to the EU Securitisation Regulation, and, in each case, any relevant guidance published in relation thereto by the European Banking Authority, the European Securities and Markets Authority or the European Insurance and Occupational Pensions Authority (or, in either case, any predecessor or any other applicable regulatory authority) or by the European Commission, in each case as may be further amended from time to time .