re-securitisation
as defined in Regulation (EC) No 1060/2009 of the European Parliament and of the Council of…, Article 3(1), point (aa) (Definitions)
(aa)
‘re-securitisation’ means re-securitisation as defined in point (40a) of Article 4 of Directive 2006/48/EC.
Install the extension for EUR-Lex
Also defined in
- CRR 32013R0575, Article 4(1), point (63)
securitisation where the risk associated with an underlying pool of exposures is tranched and at least one of the underlying exposures is a securitisation position