https://www.taxtmi.com/news?id=14709 Securitisation is a two stage process where an originator transfers receivables to a bankruptcy remote SPV on a true sale basis and the SPV issues tradable securities; international reforms after the global financial crisis emphasise transparency, risk retention, reduced reliance on external ratings and strengthened capital treatment, while Indian regulation-through SARFAESI, statutory inclusion of securitised instruments and RBI guidelines (2006, enhanced 2012)-imposes true sale criteria, a Minimum Holding Period, a Minimum Retention Requirement, disclosure, stress testing and restrictions on complex structures to ensure prudent origination and investor alignment. en-us Wed, 15 Jul 2015 16:49:11 +0530 Wed, 15 Jul 2015 16:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14709 Securitisation is a two stage process where an originator transfers receivables to a bankruptcy remote SPV on a true sale basis and the SPV issues tradable securities; international reforms after the global financial crisis emphasise transparency, risk retention, reduced reliance on external ratings and strengthened capital treatment, while Indian regulation-through SARFAESI, statutory inclusion of securitised instruments and RBI guidelines (2006, enhanced 2012)-imposes true sale criteria, a Minimum Holding Period, a Minimum Retention Requirement, disclosure, stress testing and restrictions on complex structures to ensure prudent origination and investor alignment. News - Wed, 15 Jul 2015 16:49:11 +0530 https://www.taxtmi.com/news?id=14709