Exemption Notice relating to Securitisation Schemes

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Notice No. 2 of 2008

1. Definitions

2. Designation of activity

3. Interpretation

4. Traditional securitisation scheme

5. Synthetic securitisation scheme

6. Credit-enhancement facilities

7. Liquidity facilities

8. Underwriting

9. Servicing

10. Transactions included in the trading book

11. Clean-up calls

12. Securitisation of revolving assets

13. Early amortisation

14. Issue of commercial paper

15. Appointment of auditor

16. Disclosure

17. Non-Compliance

18. Short title and commencement

19. Repeal of laws