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Risk retention rule: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{a|repack|}}The risk retention rule requires that those who sponsor of an asset-backed securitisation to “retain an economic interest in a portion of the credit risk fo...") |
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{{a|repack|}}The risk retention rule requires that those who sponsor of an [[asset-backed securitisation]] to “retain an economic interest in a portion of the credit risk for any asset that the securitizer, through the issuance of an [[asset-backed security]], transfers, sells, or conveys to a third party”. | {{a|repack|{{us disclaimer small}}}}The risk retention rule requires that those who sponsor of an [[asset-backed securitisation]] to “retain an economic interest in a portion of the credit risk for any asset that the securitizer, through the issuance of an [[asset-backed security]], transfers, sells, or conveys to a third party”. | ||
The key question is whether the [[ABS]] is collateralised by any type of “[[self-liquidating financial asset]] (including a loan, a lease, a mortgage, or a | The key question is whether the [[ABS]] is collateralised by any type of “[[self-liquidating financial asset]] (including a loan, a lease, a mortgage, or a | ||