+Article 24 19.

Article 24 19.

Where an ABCP transaction is a revolving securitisation, the transaction documentation shall include triggers for termination of the revolving period, including at least the following:

(a) 

a deterioration in the credit quality of the underlying exposures to or below a predetermined threshold; and

(b) 

the occurrence of an insolvency-related event with regard to the seller or the servicer.

1. Преглед

,

1.1 Препратки

1.2 Идентифицирани изисквания

1.3 Свързани стандарти

2. Идентифицирани изисквания

Изисквания

3. Свързани стандарти

Стандарти