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PIB 4.14.18 Guidance

In relation to (1)(c) the transferor is deemed to have effective control over the transferred Credit RiskExposures if it has the ability to repurchase the assets, or is obliged to retain the risk of the transferred assets. This does not include the retention of servicing rights.

Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]