Related provisions for IFPRU 4.12.13

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IFPRU 4.12.1RRP
(1) A firm must notify the FCA that it is relying on the deemed transfer of significant credit risk under article 244(2)2 of the UK CRR3 (Traditional securitisation) or article 245(2)2 of the UK CRR3 (Synthetic securitisation), including when this is for the purposes of article 337(5) of the UK CRR3, no later than one month after the date of the transfer.(2) The notification in (1) must include sufficient information to allow the FCA to assess whether the possible reduction in
IFPRU 4.12.3GRP
The significant risk transfer requirements in articles 2442 (Traditional securitisation) or 2452 (Synthetic securitisation) of the UK CRR3 provide three options for a firm to demonstrate how it transfers significant credit risk for any given transaction:(1) the originator does not retain more than 50% of the risk-weighted exposure amounts of mezzanine securitisation positions (as defined in article 242(18) of the UK CRR3), where these are:2(a) securitisation positions to which