|
+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. Visão geral
1.1 Referências1.2 Requisitos identificados1.3 Normas relacionadas2. Requisitos identificados
3. Normas relacionadas
|