Securitization: regulatory definitions clarify securitised instruments, issuer structures and trust-based special purpose entities under listing rules. Definitions under the SEBI Regulations 2008: securitization means acquisition of debt or receivables by a special purpose distinct entity from originators ... Summary
Securitization: regulatory definitions clarify securitised instruments, issuer structures and trust-based special purpose entities under listing rules.
Definitions under the SEBI Regulations 2008: securitization means acquisition of debt or receivables by a special purpose distinct entity from originators for issuance of securitised debt instruments to investors; securitised debt instrument means any certificate or instrument of the nature referred to in the Act issued by such an entity; special purpose distinct entity means a trust acquiring debt or receivables funded by issuance of securitised debt instruments and includes trusts set up by specified national banks.
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