Amendment to Regulation (EU) No 648/2012 on the specification of criteria for establishing the arrangements to adequately mitigate counterparty credit risk associated with covered bonds and securitisations

This regulation sets detailed technical standards for managing counterparty credit risk. It focuses on how financial institutions must arrange their protections when dealing with covered bonds and securitisations to ensure the financial system remains stable and risks are properly mitigated.

This affects banks, investment firms, and other financial institutions operating within the EU. It updates the rules on how these entities report and manage the risks associated with specific types of secured financial assets.