CP13/6 - CRD IV for Investment Firms - Financial Conduct Authority

FCA 2013/xx
Part 1 (Non-EEA regulators’
requirements deemed CRD-equivalent
for individual risks)
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Switzerland
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Swiss Federal Banking Commission
[EBK] Swiss Financial Market
Supervisory Authority [FINMA]
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9 Securitisation
9.1 Application and purpose
Application
9.1.1 R BIPRU 9.1 applies to a BIPRU firm, with the exception of the rules in
BIPRU 9.3.15R to BIPRU 9.3.20R (dealing with origination criteria and
disclosure requirements) and the rules in BIPRU 9.15 (dealing with
requirements for investors) which apply exclusively to credit institutions.
Purpose
9.1.2 G The Pursuant to the third paragraph of article 95(2) of the EU CRR, the
purpose of BIPRU 9 is to implement:
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9.3 Requirements for originators and sponsors
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9.3.1A R The provisions of BIPRU 9.3.15R to BIPRU 9.3.20R apply with respect to:
(1)
(2)
new securitisations issued on or after 1 January 2011; and
from 31 December 2014, to existing securitisations where new
underlying exposures are added or substituted after that date.
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