This regulation applies to securitisations the securities of which were issued or the initial securitisation positions of which were created before 1 January 2022.

If the requirements set out in Article 6(1) of Regulation (EU) 2017/2402107 were met in the manner specified in Article 6(4) of that Regulation before 1 January 2022, and were it not for the prudential regulation changes, the requirements set out in Article 6(1) of Regulation (EU) 2017/2402 would continue to be met in the manner specified in Article 6(4) of that Regulation in respect of such a securitisation after 1 January 2022, then the requirements set out in Article 6(1) of that Regulation are deemed to be met in respect of that securitisation.