1 Amendments of Sander LOONES related to 2015/0225(COD)
Amendment 144 #
Proposal for a regulation
Article 1 – paragraph 1 – point 7
Article 1 – paragraph 1 – point 7
Regulation (EU) No 575/2013
Article 254 a (new)
Article 254 a (new)
Article 254 a Hierarchy of methods for STS securitisations and STS ABCPs Institutions shall apply one of the methods set out in subsection 3 to calculate risk-weighted exposure amounts in relation to securitisation positions in STS securitisations and STS ABCP programmes and transactions in accordance with the following hierarchy: (a) where the conditions set out in Article 258 are met, an institution shall use the Securitisation Internal Ratings-Based Approach (SEC-IRBA) in accordance with Article 260; (b) where the SEC-IRBA may not be used, institutions shall use the Securitisation Standardised Approach (SEC-SA) in accordance with Article 264 where the conditions set out in Article 258a are met; (c) in all other cases, a risk weight of 1,250 % shall be assigned to securitisation positions.