securitisation position means an exposure to a securitisation;
securitisation position means an exposure to a Securitisation;
securitisation position means a securitisation position within the meaning of Article 4(40) of Directive 2006/48/EC;
More Definitions of securitisation position
securitisation position means a securitisation position as defined in point (19) of Article 2 of Regulation (EU) 2017/2402;
securitisation position means securitisation position as defined in point (62) of Article 4(1) of Regulation (EU) No 575/2013;
securitisation position means an exposure to a securitisation; (41) “originator” means either of the following:
securitisation position means an exposure to a securiti sation;
securitisation position means an instrument held by a Fund that meets the criteria of a
securitisation position means an instrument held by a Fund that meets the criteria of a "Securitisation" contained inArticle 2 of the Securitisation Regulation so as to bring such instruments into the scope of the Securitisation Regulation and trigger obligations which must be met by the Fund (as an "institutional investor" under the Securitisation Regulation). Without prejudice to the precise definition in Article 2 of the Securitisation Regulation, this generally covers transactions or schemes, whereby (i) the credit risk associated with an exposure or a pool of exposures is divided into classes or tranches; (ii) payments are dependent upon the performance of the exposure or of the pool of exposures; and (iii) the subordination of classes or tranches determines the distribution of losses during the ongoing life of the transaction or scheme;
securitisation position means an exposure to a securitisation as defined in Article 2, point (19) of [Securitisation Regulation];