This can be justified on the grounds that, from an originator's standpoint, the securitisation process can be viewed as similar to credit risk mitigation, i.e. it has the effect of transferring at least some of the risks of the underlying exposures to another party.
To se lahko utemelji z dejstvom, da je z vidika originatorja proces listinjenja podoben zmanjševanju kreditnega tveganja, saj se vsaj nekatera tveganja, ki izhajajo iz osnovnih izpostavljenosti, prenesejo na drugo stranko.