Understanding the functioning of the securitisation chain and the role of the different actors Identifying the main risks associated with securitisation vehicles Being able to improve its control system
INTRODUCTION AND REGULATION OF SECURITISATION VEHICLES Regulatory texts, orders and positions The actors in the securitisation chain and their role SECURITISATION MECHANISMS WHAT SHARING OF RESPONSIBILITIES FOR GOOD RISK MANAGEMENT Obligations and responsibilities of the management company Obligations and responsibilities of the depositary Obligations and responsibilities of the service and the transferor RISKS RELATED TO SECURITISATION TRANSACTIONS The main risks associated with a securitisation transaction Focus on credit risk Recommendations for controls to be implemented MULTIPLE CHOICE QUESTIONS TEST OF KNOWLEDGE ASSESSMENT