securitisation special purpose entity definition

securitisation special purpose entity or ‘SSPE’ means a corporation trust or other entity, other than an institution, organised for carrying out a securitisation or securitisations, the activities of which are limited to those appropriate to accom­ plishing that objective, the structure of which is intended to isolate the obligations of the SSPE from those of the originator institution, and in which the holders of the beneficial interests have the right to pledge or exchange those interests without restriction;
securitisation special purpose entity or 'SSPE' means securitisation special purpose entity or SSPE as defined in Article 2(2) of [Securitisation Regulation];
securitisation special purpose entity means securitisation special purpose entity as defined in point (66) of Article 4(1) of Regulation (EU) No 575/2013;

More Definitions of securitisation special purpose entity

securitisation special purpose entity or ‘SSPE’ means a securiti­ sation special purpose entity or SSPE as defined in point (2) of Article 2 of Regulation (EU) 2017/2402;
securitisation special purpose entity or ‘SSPE’ means a corporation, trust or other entity, other than an originator or sponsor, established for the purpose of carrying out one or more securitisations, the activities of which are limited to those appropriate to accomplishing that objective, the structure of which is intended to isolate the obligations of the SSPE from those of the originator;
securitisation special purpose entity means, for the purpose of paragraph 1 (j) of article 2a, an entity whose sole purpose is to carry on a securitisation or securitisations within the meaning of Article 1(2) of Regulation (EC) No 24/2009 of the European Central Bank of 19 December 2008 concerning statistics on the assets and liabilities of financial vehicle corporations engaged in securitisation transactions (ECB/2008/30)1 and other activities which are appropriate to accomplish that purpose;
securitisation special purpose entity or 'SSPE' means 'securitisation special purpose entity' or 'SSPE' within the meaning of Article 4(66) of Regulation 575/2013;
securitisation special purpose entity means a corporation, trust or other entity (other than an originator or sponsor)—
securitisation special purpose entity or 'SSPE' means a corporation trust or other entity, other than an insti­ tution, organised for carrying out a securitisation or secu­ ritisations, the activities of which are limited to those appropriate to accomplishing that objective, the
securitisation special purpose entity means an entity whose sole purpose is to carry out a securitisation or securitisations within the meaning of other legislation,3b and other activities which are needed to accomplish that purpose;