Auto ABS & RMBS True Sale with Case Study
Prime Auto ABS and RMBS have always been a showcase example of simple, transparent and standardised ABS transactions that have been strong in performance and quality ever since their origins and through the financial crisis.
In the past ten years, our comprehensive and periodic ABS training events have contributed to creating a thorough understanding of quality among all parties involved – knowledge that will become even more important in the current environment.
Our two-day intensive training is a gateway into the world of securitisation that will give you excellent access to relevant themes from a legal, accounting, regulatory, economic and practical perspective, and from credit perspective from rating agencies and investors.
AT A GLANCE
In the past ten years, our comprehensive and periodic ABS training events have contributed to creating a thorough understanding of quality among all parties involved – knowledge that will become even more important in the current environment.
Our two-day intensive training is a gateway into the world of securitisation that will give you excellent access to relevant themes from a legal, accounting, regulatory, economic and practical perspective, and from credit perspective from rating agencies and investors.
AT A GLANCE
- Overview of a specific, current securitisation transaction
- What matters in the credit process and what the STS regulation requires
- Legal aspects – assignment, insolvency protection, tax matters and how STS comes into play
- Overview of ECB approval
- Regulatory framework under the new Securitisation Regulation
- Accounting aspects
- The work of rating agencies
- Cash flow modelling and transaction evaluation
- Investors’ perspective