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Pursuant to Article 4 (1) (14) CRR, the sponsor means an institution other than an originator institution that establishes and manages an asset-backed commercial paper programme or other securitisation scheme that purchases exposures from third-party entities.

Term-Nr.: 806

German: Sponsor einer Verbriefung (747)

Source: FMA AT m. e. E., 30.10.2018

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