VIII. Securitisation
C 52/2017 STA Effective from 1/12/2022- I. Introduction
- II. Definitions
- III. Operational Requirements for The Recognition Of Risk Transference
- A. Operational Requirements for Traditional Securitisations
- B. Operational Requirements for Synthetic Securitisations
- C. Operational Requirements for Securitisations Containing Early Amortisation Provisions
- D. Operational Requirements and Treatment of Clean-Up Calls
- E. Operational Requirement for UAE Originating Banks
- IV. Due Diligence Requirements
- V. Treatment Of Securitisation Exposures
- VI. Treatment of Resecuritisation
- VII. Implicit Support
- VIII. Treatment of Credit Risk Mitigation for Securitisation Exposures
- IX. Capital Treatment for STC Securitisation
- X. Review Requirements
- XI. Shari’ah Implementation
- XII. Appendix
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