EBU Single Rulebook Q&A 7 November 2019 2019_4987 Classification of a vertical security in a traditional securitisation
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European Union · · · 07-05-2021
Is a vertical security as defined below in a traditional securitisation which refers to x% of the cash flows of the securitised exposures a securitisation position? In a traditional securitisation, one SSPE holds a certain pool of assets.
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