82,853
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 14: | Line 14: | ||
Why should this matter? Because, in America, there is rather hairy “[[risk retention rule]]” for those who would sponsor an “[[asset-backed security]]”. To qualify, the [[ABS]] needs to be of [[self-liquidating financial asset]]s that a sponsor has transferred to the issuing vehicle (i.e. and that it has not just acquired at arm’s length in the open market). | Why should this matter? Because, in America, there is rather hairy “[[risk retention rule]]” for those who would sponsor an “[[asset-backed security]]”. To qualify, the [[ABS]] needs to be of [[self-liquidating financial asset]]s that a sponsor has transferred to the issuing vehicle (i.e. and that it has not just acquired at arm’s length in the open market). | ||
We have a basic [[ | We have a basic [[Asset-backed securities field guide|botanist’s guide to ABS]] here. | ||
{{sa}} | {{sa}} | ||
*[[Asset-backed securities field guide]] | *[[Asset-backed securities field guide]] |