asset backed securities

Definitions over time (1)

08/12/2006 – today applies on 12/11/2026 Article 2, Commission Regulation (EC) No 809/2004 Scope: Whole act

For the purposes of this Regulation, the following definitions shall apply in addition to those laid down in Directive 2003/71/EC:

‘asset backed securities’ means securities which: represent an interest in assets, including any rights intended to assure servicing, or the receipt or timeliness of receipts by holders of assets of amounts payable there under; or are secured by assets and the terms of which provide for payments which relate to payments or reasonable projections of payments calculated by reference to identified or identifiable assets;

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