Примери за използване на Underlying exposures на Английски и техните преводи на Български
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The risk characteristics of the securitisation positions and of the underlying exposures.
A failure to generate sufficient new underlying exposures of at least similar credit quality;
The repayment of the holders of the securitisation positions shall not depend on the sale of assets securing the underlying exposures.
For all other underlying exposures, the approach set out in Articles 78 to 83, subject to the following modifications.
Where the institution applies the look-through approach,information about the underlying exposures is verified by an independent third party.
For all other underlying exposures, institutions shall apply the standardised approach laid down in Chapter 2 of this Title.
(ii) decomposition means replicating an index by a securitisation of which the underlying exposures in the pool are identical to the single name exposures that compose the index.
Moreover, the credit support provided to the institution assuming exposure to a securitisation position should not decline disproportionately relative to the rate of repayment on the underlying exposures.
(i) the current market value of the underlying exposures of the CIU covers or exceeds the present value of the threshold and.
A re-securitisation is a securitisation where the risk associated with an underlying pool of exposures is tranched andat least one of the underlying exposures is a securitisation position.
Paragraph 12 shall apply to the part of the underlying exposures of the CIU the credit institution is not aware of or could not reasonably be aware of.
A re-securitisation exposure is a securitisation exposure in which the risk associated with an underlying pool of exposures is trenched andat least one of the underlying exposures is a securitisation exposure. .
At the time of issuance of the securitisation or when incorporated in the pool of underlying exposures at any time after issuance, the underlying exposures do not include exposures in default within the meaning of Article 178(1) of Regulation(EU) No 575/2013.
A resecuritisation exposure is defined as a securitisation exposure where the risk associated with an underlying pool of exposures is tranched andat least one of the underlying exposures is a securitisation exposure. .
The underlying exposures do not include transferable financial instruments or derivatives, except financial instruments issued by the SSPE itself or other parties within the securitisation structure and derivatives used to hedge currency risk and interest rate risk;
Where the institution does not meet the conditions for using the methods set out in this Chapter for all or parts of the underlying exposures of the CIU, risk-weighted exposure amounts and expected loss amounts shall be calculated in accordance with the following approaches.
The current market value of the underlying exposures of the CIU underlying the minimum value commitment without considering the effect of the off-balance-sheet minimum value commitments covers or exceeds the present value of the threshold specified in the minimum value commitment;
In order to determine the existence of a group of connected clients, in respect of exposures referred to in points(m),(o) and(p) of Article 79(1), where there is an exposure to underlying assets,a credit institution shall assess the scheme, its underlying exposures, or both.
The securitisation position is backed by a pool of underlying exposures and those underlying exposures either all belong to only one of the following subcategories or else they consist of a combination of residential loans referred to in point(i) and residential loans referred to in point(ii):';
With respect to insurance and reinsurance undertakings investing in tradable securities or other financial instruments based on repackaged loans that were issued before 1 January 2011, the requirements referred to in Article 135(2)shall apply only in circumstances where new underlying exposures were added or substituted after 31 December 2014.
The underlying exposures shall not have been originated by the credit institution holding the securitisation position in its liquidity buffer, its subsidiary, its parent undertaking, a subsidiary of its parent undertaking or any other undertaking closely linked with that credit institution.
Where the conditions set out in Article 132(3) are met,institutions that do not have sufficient information about the individual underlying exposures of a CIU may calculate the risk-weighted exposure amount for those exposures in accordance with the mandate-based approach set out in Article 132a(2).
In the case of securitisations where the underlying exposures are auto loans and leases and consumer loans and credit facilities referred to in points(g)(iv) and(v) of paragraph 2, the assessment of the borrower's creditworthiness shall meet the requirements set out in Article 8 of Directive 2008/48/EC of the European Parliament and of the Council(8).
With respect to insurance undertakings and reinsurance undertakings investing in tradable securities or other financial instruments based on repackaged loans that were issued before 1 January 2011, the requirements referred to in Commission Delegated Regulation(EU) 2015/35 shall apply, butonly in circumstances where new underlying exposures have been added or substituted after 31 December 2014.
Where the conditions set out in Article 132(3) are met,institutions that do not have sufficient information about the individual underlying exposures of a CIU to use the look-through approach may calculate the risk-weighted exposure amount of those exposures in accordance with the limits set in the CIU's mandate and relevant law.
Where the underlying exposures are themselves securitisation positions, credit institutions shall have the information set out in this subparagraph not only on the underlying securitisation tranches, such as the issuer name and credit quality, but also on the characteristics and performance of the pools underlying those securitisation tranches.
Where the conditions set out in Article 132(3) are met,institutions that have sufficient information about the individual underlying exposures of a CIU shall look through to those exposures to calculate the risk-weighted exposure amount of the CIU, risk weighting all underlying exposures of the CIU as if they were directly held by those institutions.
Institutions that apply the look-through approach in accordance with paragraphs 2 and 3 and that fulfil the conditions for permanent partial use in accordance with Article 150, orthat do not meet the conditions for using the methods set out in this Chapter for all or parts of the underlying exposures of the CIU, shall calculate risk weighted exposure amounts and expected loss amounts in accordance with the following principles.
The retention referred to in paragraph 1 may be fulfilled by the sale at a discounted value of the underlying exposures by the originator or original lender, where the amount of the discount is not less than 5% of the nominal value of each exposure and where the discounted sale amount is only refundable to the originator or original lender where it is not absorbed by losses related to the credit risk associated to the securitised exposures. .
Alternatively to the method described in the first subparagraph, credit institutions may calculate themselves or may rely on a third party to calculate andreport the average risk weighted exposure amounts based on the CIU's underlying exposures in accordance with the approaches referred to in points(a) and(b) of paragraph 11, provided that the correctness of the calculation and the report is adequately ensured.';