On 13 December 2023, the European Commission published Commission Delegated Regulation (EU) of 13.12.2023 supplementing the Securitisation Regulation with regard to regulatory technical standards (RTS) specifying the performance-related triggers and the criteria for the calibration of those triggers. The RTS specify the two mandatory triggers under point (a) of Article 26c(5), third subparagraph of the Securitisation Regulation, set out the additional mandatory backward-looking trigger under point (b) and the mandatory forward-looking trigger under point (c). The RTS also set out criteria to be fulfilled by the parties to the securitisation in order to set the level of the mandatory triggers. The Commission Delegated Regulation enters into force on the twentieth day following its publication in the Official Journal of the EU.