In respect of securitisations the securities of which were issued before 1 January 2019, originators, sponsors and SSPEs may use the designation ‘STS’ or ‘simple, transparent and standardised’, or a designation that refers directly or indirectly to those terms, only where the requirements set out in Article 18 and the conditions set out in paragraph 3 of this Article are complied with.
I dtaca le hurrúsuithe ar eisíodh a n-urrúis roimh 1 Eanáir 2019, féadfaidh tionscnóirí, urraitheoirí agus SSPEanna an t-ainmniú “STS” nó “simplí trédhearcach caighdeánaithe” a úsáid nó ainmniú a thagraíonn go díreach nó go hindíreach do na téarmaí sin, i gcás go gcomhlíontar na ceanglais a leagtar amach in Airteagal 18 agus na coinníollacha a leagtar amach i mír 3 den Airteagal seo, agus sa chás sin amháin.