U.S. Risk Retention Rules definition

U.S. Risk Retention Rules means the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246.

U.S. Risk Retention Rules. The final rules implementing Section 941 of the Xxxx-Xxxxx Act.

U.S. Risk Retention Rules means the final rules, which require a “sponsor” of a securitization transaction (or a majority-owned affiliate of the sponsor) to retain a portion of the credit risk of the asset-backed securities transaction, adopted in October 2014 by the Federal Deposit Insurance Company, the Federal Housing Finance Agency, the Office of the Comptroller of the Currency of the Department of the Treasury, the SEC, the Board of Governors of the Federal Reserve System and the U.S. Department of Housing and Urban Development to implement the credit risk retention requirements of Section 15G of the Exchange Act as added by Section 941 of the Xxxx-Xxxxx Act.

Examples of U.S. Risk Retention Rules in a sentence

• Prospective investors should note that, although the definition of "U.S. person" in the U.S. Risk Retention Rules is very similar to the definition of "U.S. person" in Regulation S, there are substantial differences between the two definitions and that persons who are not "U.S. persons" under Regulation S may be "U.S. persons" under the U.S. Risk Retention Rules.

• Persons") except to the extent permitted under "foreign-related transaction" safe harbor exemption from the U.S. Risk Retention Rules.

• The U.S. Risk Retention Rules also provide for certain exemptions from the risk retention obligations.

• The U.S. Risk Retention Rules generally require the "securitizer" of a "securitization transaction" to retain at least 5% of the "credit risk" of "securitized assets", as such terms are defined for purposes of U.S. Risk Retention Rules, and generally prohibit a securitizer from directly or indirectly eliminating or reducing its credit exposure by hedging or otherwise transferring the credit risk that the securitizer is required to retain.

• Furthermore, the impact of the U.S. Risk Retention Rules on the securitization markets generally is uncertain, and a failure by a transaction to comply with the U.S. Risk Retention Rules could negatively affect the market value and secondary market liquidity of the Securities.

More Definitions of U.S. Risk Retention Rules

U.S. Risk Retention Rules. The federal interagency credit risk retention rules, codified at 17 C.F.R. part 246.

U.S. Risk Retention Rules. The final rules implementing the credit risk retention requirements of Section 941 of the Xxxx-Xxxxx Act.

U.S. Risk Retention Rules means Regulation RR (17 C.F.R Part 246) implementing the risk retention requirements of Section 15G of the U.S. Securities Exchange Act of 1934, as amended, adopted pursuant to the requirements of Section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

U.S. Risk Retention Rules means Regulation RR (17 C.F.R Part 246) implementing the risk retention requirements of Section 15G of the U.S. Securities Exchange Act of 1934, as amended, adopted pursuant to the requirements of Section 941 of the Xxxx- Xxxxx Xxxx Street Reform and Consumer Protection Act. "UTCC Regulations" means the Unfair Terms in Consumer Contracts Regulations 1999.

U.S. Risk Retention Rules means the final rules implementing the credit risk retention requirements of Section 941 of the Dodd-Frank Act.

U.S. Risk Retention Rules means the credit risk retention regulations under Section 15G of the U.S. Securities Exchange Act of 1934, as amended.

U.S. Risk Retention Rules means the final rules implementing the credit risk retention requirements of Section 15G of the Securities Exchange Act of 1934, as amended (codified at 17 C.F.R § 246.1-246.22), including the limitations on hedging, financing and transfer therein. Section references to the U.S. Risk Retention Rules are to the rules contained in Regulation RR, 17 C.F.R §246.1, et seq.The definition of "Refinancing" is deleted and replaced with the following: "Refinancing" means, as the context requires: