EBA published Q&A report on Guidelines on Article 122a of the CRD

29 September 2011

The Q&A document provides answers to technical and interpretive questions, but is also aimed at encouraging market participants to create a more transparent and uniform securitisation market.

Following the publication of the guidelines on the application of Article 122a of the Capital Requirements Directive (CRD), on 31 December 2010, the European Banking Authority (EBA) received a substantial number of questions from competent authorities and market participants seeking further clarification on how the guidelines should be interpreted.

Furthermore, the clarifications provided by this Q&A are of particular importance to credit institutions, as non-compliance with certain paragraphs of Article 122a could lead to additional risk weights on securitisation holdings.

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