private securitisation definition
private securitisation means a securitisation where no prospectus has to be drawn up in compliance with Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC;
private securitisation means a securitisation that does not meet any of the criteria laid down in point (32).’
private securitisation means a securitisation for which section 85 of FSMA 2000 (prohibition of dealing etc in transferable securities without approved prospectus) and rules made by the FCA for the purposes of Part 6 of that Act (official listing) do not require an approved prospectus to be drawn up.