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Directive (EU) 2019/2162 of the European Parliament and of the CouncilShow full title

Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issue of covered bonds and covered bond public supervision and amending Directives 2009/65/EC and 2014/59/EU (Text with EEA relevance)

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  1. Introductory Text

  2. TITLE I SUBJECT MATTER, SCOPE AND DEFINITIONS

    1. Article 1.Subject matter

    2. Article 2.Scope

    3. Article 3.Definitions

  3. TITLE II STRUCTURAL FEATURES OF COVERED BONDS

    1. CHAPTER 1 Dual recourse and bankruptcy remoteness

      1. Article 4.Dual recourse

      2. Article 5.Bankruptcy remoteness of covered bonds

    2. CHAPTER 2 Cover pool and coverage

      1. Section I Eligible assets

        1. Article 6.Eligible cover assets

        2. Article 7.Collateral assets located outside the Union

        3. Article 8.Intragroup pooled covered bond structures

        4. Article 9.Joint funding

        5. Article 10.Composition of the cover pool

        6. Article 11.Derivative contracts in the cover pool

        7. Article 12.Segregation of cover assets

        8. Article 13.Cover pool monitor

        9. Article 14.Investor information

      2. Section II Coverage and liquidity requirements

        1. Article 15.Coverage requirements

        2. Article 16.Requirement for a cover pool liquidity buffer

        3. Article 17.Conditions for extendable maturity structures

  4. TITLE III COVERED BOND PUBLIC SUPERVISION

    1. Article 18.Covered bond public supervision

    2. Article 19.Permission for covered bond programmes

    3. Article 20.Covered bond public supervision in the event of insolvency or resolution

    4. Article 21.Reporting to the competent authorities

    5. Article 22.Powers of competent authorities for the purposes of covered bond public supervision

    6. Article 23.Administrative penalties and other administrative measures

    7. Article 24.Publication of administrative penalties and other administrative measures

    8. Article 25.Cooperation obligations

    9. Article 26.Disclosure requirements

  5. TITLE IV LABELLING

    1. Article 27.Labelling

  6. TITLE V AMENDMENTS TO OTHER DIRECTIVES

    1. Article 28.Amendment to Directive 2009/65/EC

    2. Article 29.Amendment to Directive 2014/59/EU

  7. TITLE VI FINAL PROVISIONS

    1. Article 30.Transitional measures

    2. Article 31.Reviews and reports

    3. Article 32.Transposition

    4. Article 33.Entry into force

    5. Article 34.Addressees

  8. Signature

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