Download ASF Standard - Securitisation
Transcript
The Standards were developed by the Australian Securitisation Forum with reference to reporting standards in other jurisdictions such as the United States and Europe, as well as disclosure principles released by the International Organisation of Securities Commissions. It should be noted that the ABS Standard is aimed at ABS transactions where the asset backing the security is a loan or receivable for an automobile or equipment. It is not intended to be used for disclosure or reporting of commercial mortgage-backed securities (CMBS). The ASF requests that Issuers adopt the Standards for all RMBS and ABS transactions, in the interests of maintaining best practice for securitisation disclosure and reporting, in order to promote the ongoing development of the securitisation market in Australia.