NPE securitisation definition

NPE securitisation means a securitisation backed by a pool of non-performing exposures the nominal value of which makes up not less than 90 % of the entire pool’s nominal value at the time of origination and at any later time where assets are added to or removed from the underlying pool due to replenishment, restructuring or any other relevant reason;
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NPE securitisation means an NPE securitisation as defined in point (25) of Article 2 of Regulation (EU) 2017/2402;
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NPE securitisation means a securitisation backed by a pool of non- performing exposures the nominal value of which makes up not less than 90 % of the entire pool’s nominal value at the time of origination and at any
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Examples of NPE securitisation in a sentence

  • Therefore for NPE securitisation, the competent authorities should review the application of sound standards for selection and pricing of the exposures.


More Definitions of NPE securitisation

NPE securitisation. - means a securitisation backed by a pool of non-performing exposures as defined in the regulation “On credit risk management from banks and
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Related to NPE securitisation

  • Securitisation means a transaction or scheme, whereby the credit risk associated with an exposure or pool of exposures is tranched, having both of the following characteristics:

  • securitisation position means an exposure to a securitisation;

  • Securitisation Regulation means Regulation (EU) 2017/2402 relating to a European framework for simple, transparent and standardised securitisation, as amended, varied or substituted from time to time including any implementing regulation, technical standards and official guidance related thereto.

  • securitisation special purpose entity or ‘SSPE’ means 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 accom­ plishing 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;