The level and type of collateral required with respect to OTC derivative contracts that are concluded by covered bond entities in connection with a covered bond, or by a securitisation special purpose entity in connection with a securitisation within the meaning of this Regulation and meeting the conditions of Article 4(5) of this Regulation and the requirements set out in Article 18, and in Articles 19 to 22 or 23 to 26 of Regulation (EU) 2017/2402 (the Securitisation Regulation) shall be determined taking into account any impediments faced in exchanging collateral with respect to existing collateral arrangements under the covered bond or securitisation.
Déanfar an leibhéal agus an cineál comhthaobhachta i ndáil le conarthaí díorthach thar an gcuntar arna dtabhairt i gcrích ag eintitis bannaí faoi chumhdach i dtaca le banna cumhdaithe, nó arna gcur i gcrích ag eintiteas sainchuspóireach urrúsúcháin i dtaca le hurrúsú, de réir bhrí an Rialacháin seo, agus a chomhlíonann coinníollacha Airteagal 4(5) den Rialachán seo agus na ceanglais a leagtar amach in Airteagal 18, agus in Airteagal 19 go hAirteagal 22 nó Airteagal 23 go hAirteagal 26 agus de Rialachán (AE) 2017/2402 [An Rialachán Urrúsúcháin] a chinneadh agus cuirfear san áireamh aon bhaic ar chomhthaobhacht a mhalartú maidir le socruithe comhthaobhachta a bheidh ann cheana faoin mbanna faoi chumhdach nó faoin urrúsú.