EIOPA · 939
939
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2016-12-08
- Answered
- 2019-09-20
Question
A residential mortgage backed security (RMBS) is backed by a pool of mortgages, each of which uniquely appears in that pool - i.e. does not appear in any other pool backing RMBS. Could you confirm that the correct classification for this structured product would be “2 – Collateral calculated on the basis of a single contract.”
Answer
EIOPA confirms that correct classification for this structured product would be “2 – Collateral calculated on the basis of a single contract”.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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