• Application

    • PRU 4.14.1

      This Section applies to an Authorised Person which:

      (a) acts as an Originator in a securitisation;
      (b) transfers Credit Risk on a single item or on a pool of items by any of the legal transfer methods set out in Rule A4.10.1;
      (c) acts as a Sponsor in a securitisation; or
      (d) provides Credit Enhancement, liquidity support, or Underwriting or dealing facilities relating to the items being transferred.