It defines securitisation and establishes due-diligence, risk-retention and transparency requirements for parties involved in securitisations, criteria for credit granting, requirements for selling securitisations to retail clients, a ban on re-securitisation, requirements for SSPEs as well as conditions and procedures for securitisation repositories.
Sainmhínítear leis urrúsú agus bunaítear leis ceanglais díchill chuí, ceanglais coinneála riosca agus ceanglais trédhearcachta do pháirtithe a ghlacann páirt in urrúsuithe, critéir le haghaidh creidmheas a dheonú, ceanglais maidir le hurrúsuithe a dhíol le cliaint miondíola, toirmeasc ar athurrúsú, ceanglas le haghaidh SSPEnna mar aon le coinníollacha agus nósanna imeachta do stórtha urrúsúcháin.