securitisation position

Definitions over time (1)

1. 04/01/2011 – 01/01/2014 Article 3, Directive 2006/49/EC Scope: Whole act

   For the purposes of this Directive the following definitions shall apply:

   “securitisation position” and “re-securitisation position” mean, respectively, securitisation position and re-securitisation position as defined in Directive 2006/48/EC.

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