type of securitisation

typ_scrtstn

Identification of the securitisation type, in accordance with Article 242(10) and (11) of Regulation (EU) No 575/2013.

Article 242 (EU) No 575/2013:
(10) traditional securitisation‧ means a securitisation involving the economic transfer of the exposures being securitised. This shall be accomplished by the transfer of ownership of the securitised exposures from the originator institution to an SSPE or through sub-participation by an SSPE. The securities issued do not represent payment obligations of the originator institution;

(11) synthetic securitisation‧ means a securitisation where the transfer of risk is achieved by the use of credit derivatives or guarantees, and the exposures being securitised remain exposures of the originator institution.

code

Variable multibyte (255)

Yes

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Entity 'instrument subject to securitisation'

255