traditional securitisation
Definitions over time (1)
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17/01/2018 – 09/04/2021 Article 2, Securitisation Regulation Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘traditional securitisation’ means a securitisation involving the transfer of the economic interest in the exposures being securitised through the transfer of ownership of those exposures from the originator to an SSPE or through sub-participation by an SSPE, where the securities issued do not represent payment obligations of the originator;
Other definitions of this term in this act (1)
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