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lines changed Original file line number Diff line number Diff line change @@ -12,8 +12,7 @@ A clean-up call is a call option provision in a securitisation whereby the origi
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As defined in CRR Article 242:
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- [ clean-up call] ( https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013R0575-20240101#:~:text=%E2%80%98clean%2Dup%20call,pre%2Dspecified%20level%3B )
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+ [ clean-up call] ( https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32013R0575#:~:text=%E2%80%A7clean%2Dup%20call%20option%E2%80%A7%20means%20a%20contractual%20option%20for%20the%20originator%20to%20repurchase%20or%20extinguish%20the%20securitisation%20positions%20before%20all%20of%20the%20underlying%20exposures%20have%20been%20repaid%2C%20when%20the%20amount%20of%20outstanding%20exposures%20falls%20below%20a%20specified%20level )
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### clean_up
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A clean-up call provision exists, but does not meet the regulatory criteria
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