securitisation risk definition

securitisation risk means the risk arising from the economic transfer of one exposure or a group of exposures, i.e. the transfer of the credit risks of these exposures;
securitisation risk means the risk arising from securitisation transactions in relation to which the Licence Holder is an investor, originator or sponsor, including reputational risks (such as arise in relation to complex structures or products).
securitisation risk means the risk arising from securitisation transactions in relation to which a bank is investor, originator or sponsor;1