Publication of collateral security for the granting of loans for the granting of the granting of a special covered debt securities 1)

Purline to section 152 h, paragraph 1, no. 5, and section 373, paragraph 1. 4, in the law of financial activities, cf. Law Order no. 376 of 22. May 2008, as amended by law no. 515 of 17. June 2008 shall be determined :

Scope of application

§ 1. This notice lays down rules for the security to be made by financial institutions after 152 c (1) (1). 1, no. ONE, TWO. in the case of loans granted on the basis of special covered bonds, in the case of loans granted on the basis of special covered bonds, when the mortgage receipt is notified to the matter.

Guarantee

§ 2. In the case of loans granted on the basis of a pawn letter, which has been reported to the thing, cf. § 152 c (3) 1, no. ONE, TWO. ., in the law of financial activities, the security of the guarantee shall guarantee the granting of the loan and the costs associated with it, including, where appropriate, if the pantheon does not end up to the end of the pawn of the bill ; priority position.

§ 3. As a security, they may be used only in section 152 c (3). 1, no. 3-7, in the Act of financial activity, mentioned assets.

Paragraph 2. Where safety is lodged in the form of the section 152 c (3). 1, no. 6 and 7, in the Act of financial activities mentioned assets, the security shall be included in the 15% limit, cf. however, paragraph 1 3 and 4.

Paragraph 3. Notwithstanding paragraph 1 2 shall guarantee a guarantee from a financial institution in accordance with Article 8 (3). 1 or 2, in the area of mortgages and mortgage bonds, etc. are not included in the 15% limit if the guarantee only covers the risk that is associated with the final tingling of the pawn bank.

Paragraph 4. For loans referred to in Article 8 (3), 3, in the area of mortgage credit and mortgage bonds, etc., the Finance-sighted dispensers may dispense with the requirement that a guarantee of a financial institution should be included in the 15% limit.

§ 4. The guarantee declaration or other security shall be received in the financial institution at the latest at the same time as the payment of the loan. Documentation for this must be kept in the loan case.

§ 5. The value of the security, cf. Section 3, which is temporarily covered by the loan, must at all times be at least equal to the value of the special covered debt securities issued.

Deast

§ 6. The monetary institute shall, without undue delay, provide the final thing of the pawn of the pawn.

Release of the security unbundling

§ 7. The Pension Institute must not earlier release the security when the Foundation has received final information on a pawn-off, without prejudice to any prejudices.

Penalty provisions

§ 8. Extreme section 2, 3. 1-3, section 4, section 6 and 7 are punishable by fine.

Paragraph 2. Companies can be imposed on companies, etc. (legal persons) punishable by the rules of Chapter 5 of the penal code.

Entry into force

§ 9. The announcement shall enter into force on 1. July 2008.

1) The announcement contains provisions that implement parts of Directive 2006 /48/EC of the European Parliament and of the Council of 14. June 2006, on the admission and pursuit of business as a credit institution (recast), (EU-Official Journal of the European Official Journal of the European Official Journal (EU In 177, s. 1).