Article summary
The European Banking Authority (EBA) has published its final guidelines on the determination of the weighted average maturity (WAM) of the contractual payments due under the tranche of a securitisation transaction, as laid down in the Capital Requirements Regulation (Regulation (EU) 575/2013) (CRR). These guidelines (developed according to Article 257(4) of the CRR) aim to ensure that the methodology applicable for the determination of the WAM for regulatory purposes is sufficiently transparent and harmonised in order to increase consistency and comparability in the own funds held by institutions.
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