The guidelines implement article 22 of the revised Capital Requirements Directive (CRD III) and took effect on 1 January 2011.

EBA members must implement the guidelines by 31 March 2011 at the latest.

Article 122a sets out a number of obligations of credit institutions in the case of securitisation. The guidelines relate to exposure to transferred credit risks and took effect on 1 January 2011.

The guidelines took effect on 31 December 2010.