PRU 4.14.17

Past version: effective from 21/10/2015 - 20/10/2015
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(1) An Authorised Person which is an Originator or a Sponsor of a Traditional Securitisation may exclude securitised Exposures from the calculation of Credit RWA amounts only if all of the conditions detailed in Rule A4.10.1 have been complied with.
(2) An Authorised Person meeting the requirements specified in Rule A4.10.1 must hold regulatory capital against any securitisation Exposures it retains.