Regulatory Alerts2015-07-28
Added · Updated
Criteria for identifying simple, transparent and comparable securitisations
The Hong Kong Monetary Authority issued this letter to encourage authorized institutions to apply the Basel Committee on Banking Supervision's criteria for identifying simple, transparent, and comparable securitisations. These criteria, categorized by asset, structural, and fiduciary risks, aim to promote homogeneity, information disclosure, and comparability in securitization transactions. Institutions are advised to use these standards for risk evaluation and structuring while maintaining their own due diligence processes.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share