https://www.taxtmi.com/notifications?id=127713 The amendment enacts enhanced eligibility and registration conditions for trustees including networth and staffing/qualification requirements; prescribes detailed trustee duties to supervise security creation and enforcement, ensure availability of trust property for specific scheme/tranche investors, obtain quarterly originator reports and auditor certificates, share such information with rating agencies, call investor meetings on requisition or servicer default, appoint a compliance officer, maintain infrastructure and notify the Board of networth shortfalls or material adverse actions. Schedule additions require confidentiality, prohibition on insider trading, internal controls, corporate governance and a standardised summary term sheet covering transaction particulars and credit enhancement disclosures. en-us Thu, 09 Apr 2015 00:00:00 +0530 Fri, 04 Jan 2019 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127713 The amendment enacts enhanced eligibility and registration conditions for trustees including networth and staffing/qualification requirements; prescribes detailed trustee duties to supervise security creation and enforcement, ensure availability of trust property for specific scheme/tranche investors, obtain quarterly originator reports and auditor certificates, share such information with rating agencies, call investor meetings on requisition or servicer default, appoint a compliance officer, maintain infrastructure and notify the Board of networth shortfalls or material adverse actions. Schedule additions require confidentiality, prohibition on insider trading, internal controls, corporate governance and a standardised summary term sheet covering transaction particulars and credit enhancement disclosures. Notifications SEBI Thu, 09 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127713