‘securitisation’ means a transaction or scheme, whereby the credit risk associated with an exposure or a pool of exposures is tranched, having all of the following characteristics:
ciallaíonn “urrúsú” idirbheart nó scéim ina ndéantar tráinsiú ar an riosca creidmheasa a bhaineann le neamhchosaint nó comhthiomsú neamhchosaintí, lena mbaineann na tréithe seo a leanas ar fad: