SEBI proposes stricter rules for securitisation deal trustees

The Securities and Exchange Board of India released a concept paper proposing some changes in the term sheets or formats that state the commercial terms for securitisation transactions. Securitisation is the process of converting loans into marketable securities known as pass-through certificate (PTC).


Disclaimer

The information in this private circulation is not legal advice and should not be treated as such. The information is taken from public domain and is purely for private and non- commercial purposes. We do not represent that the information is correct, accurate, complete or non- misleading.

This disclaimer will be governed by and construed in accordance with laws of India, and any disputes relating to this disclaimer will be subject to the exclusive jurisdiction of the courts of the Republic of India.

Leave your comment

*

code