Authorised Firm intending to conduct the securitisation must notify the DFSA at least 30 days in advance of the proposed execution of the securitisation;
Authorised Firm conducting the securitisation must calculate its Credit RWAs for all resultant Exposures from that securitisation, in accordance with PIB section 4.8, provided the requirements of this section are met; and
Authorised Firm conducting the securitisation must produce documentation reflecting the execution and economic substance of the transaction.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]