1. Competent authorities should assess if there are structural features in a transaction which …

Competent authorities should assess if there are structural features in a transaction which might undermine the claimed credit risk transfer to third parties, such as features like optional calls or other contractual arrangements which in case of traditional securitisations increase the likelihood that assets will be brought back onto the originator institution’s balance sheet or in case of synthetic securitisations increase the likelihood that the credit protection will be terminated before the transaction’s maturity.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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