Sponsor: Difference between revisions
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imported>Doug Williamson (Add second definition. Source: Clifford Chance briefing paper https://www.treasurers.org/ACTmedia/The_EU_Securitisation_Regulation___do_I_need_to_worry_6040565.pdf) |
imported>Doug Williamson (Expand 2nd definition.) |
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2. ''Securitisation Regulation.'' | 2. ''Securitisation Regulation.'' | ||
For the purposes of the Securitisation Regulation, the sponsor of a securitisation is a party that sets | For the purposes of the Securitisation Regulation, the sponsor of a securitisation is a party that sets up the securitisation and manages it, but does not securitise its own assets. | ||
Revision as of 10:08, 10 July 2019
1. Pensions.
In relation to a pension scheme, an organisation (usually the employer or former employer of the members of the pension scheme) which establishes the scheme and which has obligations to fund the scheme.
2. Securitisation Regulation.
For the purposes of the Securitisation Regulation, the sponsor of a securitisation is a party that sets up the securitisation and manages it, but does not securitise its own assets.
3.
Any corporate body or individual creating or supporting the activities of another corporate body or individual.
