In such cases, the sponsor shall verify that the originator or original lender which is not a credit institution or an investment firm grants all the credits giving rise to the underlying exposures on the basis of sound and well-defined criteria and clearly established processes for approving, amending, renewing and financing those credits and has effective systems in place to apply those criteria and processes in accordance with Article 9(1).
Is é an t-urraitheoir a fhíoróidh go ndéanann an tionscnóir nó an t-iasachtóir bunaidh nach institiúid chreidmheasa nó gnólacht infheistíochta é na creidmheasanna uile a dheonú ar bhonn critéir fhónta dhea-shainithe agus ar bhonn próisis shoiléire maidir le formheas, leasú, athnuachan agus maoiniú na gcreidmheasanna sin agus go bhfuil córais éifeachtacha ann chun na critéir agus na próisis sin a chur i bhfeidhm i gcomhréir le hAirteagal 9(1).