7
Requirement for Investments in a Securitisation
7.1
Where a firm becomes aware that the originator, sponsor or original lender fails to comply with the risk retention requirements set out in either Article 6 of Chapter 2 or in Chapter 3 of the Securitisation Part, or a firm becomes aware that the due diligence requirements set out in either Article 5(1), (2), (3) and (4) of Chapter 2 or in Chapter 3 of the Securitisation Part are not being complied with, it shall inform the PRA immediately.
- 31/12/2024