Upon notification to the competent authority, institutions should be allowed to use the SEC-ERBA in respect of all rated securitisations they hold when they cannot use the SEC-IRBA.
Ar fhógra a thabhairt don údarás inniúil, ba cheart cead a bheith ag institiúidí SEC-ERBA a úsáid i gcomhair gach urrúsaithe rátáilte dá gcuid nuair nach féidir leo úsáid a bhaint as SEC-IRBA.