In addition to STS verifications, PCS also offers CRR assessments (for both “true sale” and synthetic/on-balance-sheet transactions) and LCR assessments.  Since the coming into force of the new synthetic/on-balance-sheet STS regime that superseded the old article 270 provisions for synthetic SME securitisations, PCS no longer provides Article 270 assessments. This section contains all the necessary information on these additional services including for historical purposes only a short description of Art.270 assessments.