Listing requirements for securitised debt instruments require specified documentation and characteristics enabling exchange listing and transferability. Listing requires an application to the recognised stock exchange with prescribed documents (trust deed, offer documents, material contracts, acquisition agreements, trustee registration certificate, instrument specimens and other particulars) and entry into a listing agreement. Instruments must be freely transferable, constitute an undivided beneficial interest in the asset pool and not constitute debt of the special purpose distinct entity or originator, and a record of holders must be maintained.