S.L. 345.27 Art. 11Investor information.

(1) Credit institutions issuing covered bonds shall provide information on their covered bond programmes that is sufficiently detailed to allow investors to assess the profile and risks of that programme and to carry out their due diligence, as may be further specified by means of Covered Bond Rules issued by the competent authority.

(2) The information referred to in sub-regulation (1) shall include the following minimum portfolio information:

(a) the value of the cover pool and outstanding covered bonds;

(b) a list of the International Securities Identification Numbers (hereinafter in these regulations referred to as "ISINs") for all covered bond issues under that programme, to which an ISIN has been attributed;

(c) the geographical distribution and type of cover assets, their loan size and valuation method;

(d) details in relation to market risk, including interest rate risk and currency risk, and credit and liquidity risks;

(e) the maturity structure of cover assets and covered bonds, including an overview of the maturity extension triggers if applicable;

(f) the levels of required and available coverage, and the levels of statutory, contractual and voluntary overcollateralisation; and

(g) the percentage of loans where a default is considered to have occurred pursuant to Article 178 of the CRR and in any case where the loans are more than 90 days due:

Provided that, for externally issued covered bonds under intragroup pooled covered bond structures as referred to in regulation 5, the information referred to in this sub-regulation and in any Covered Bonds Rules issued in terms of sub-regulation (1), or a link thereto, shall be provided to investors in respect of all internally issued covered bonds of the group:

Provided further that, such information shall be provided to investors at least on an aggregated basis.

(3) The competent authority may issue Covered Bonds Rules specifying any additional information to be provided by credit institutions issuing covered bonds to investors.

(4) Credit institutions issuing covered bonds shall provide to investors the information referred to in this regulation and in any Covered Bonds Rules issued by the competent authority in terms of sub-regulation (3) at least on a quarterly basis.

(5) Credit institutions issuing covered bonds shall publish on their website the information referred to in this regulation and in any Covered Bonds Rules issued by the competent authority in terms of sub-regulation (3) :

Provided that credit institutions issuing covered bonds shall not be required to publish such information on paper.