Book traversal links for Criterion B12: Alignment of Interest
Criterion B12: Alignment of Interest
Effective from Dec 28 2022 - Dec 31 2022
To view other versions open the versions tab on the right
18.90 | In order to align the interests of those responsible for the underwriting of the credit claims or receivables with those of investors, the originator or sponsor of the credit claims or receivables should retain a material net economic exposure and demonstrate a financial incentive in the performance of these assets following their securitization. |