art_1__point_1__point_a__text_2
‘(40a) “re-securitisation” means a securitisation where the risk associated with an underlying pool of exposures is tranched and at least one of the underlying exposures is a securitisation position; (40b) “re-securitisation position” means an exposure to a re-securitisation;’;
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Source: EUR-Lex (Cellar) · retrieved 2026-10-13 · Text as adopted (Official Journal); later amendments are not incorporated in this text.