Sponsor

From ACT Wiki
Revision as of 10:08, 10 July 2019 by imported>Doug Williamson (Expand 2nd definition.)
Jump to navigationJump to search

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.


See also