or damages arising from or related to its use. 2 “securitization” means acceptance of transfer of assets or acceptance of assets placed as collateral from an originator for an issuance and offer of

shall come into force on the date following the date of its publication in the Government Gazette. Section 3. In this Royal Enactment, “securitisation” means a receipt of transfer of assets and an

acceptance of transfer of assets or acceptance of assets placed as collateral from an originator for an issuance and offer of securities for sale to investors, providing that proceeds obtained from the offer

juristic person” means a vehicle established for the purpose of securitization and registered as a special purpose juristic person under this Emergency decree. “securitization” means acceptance of transfer

financial statements; (4) re-examining and reviewing compliance of rules; (5) supervising the internal control unit; (6) performing any other duties assigned by the SEC. In executing the duties under the

compliance of rules; (5) supervising the internal control unit; (6) performing any other duties assigned by the SEC. In executing the duties under the first paragraph, the Audit Committee shall report to the

person from acting in that position and rectify such non-compliance or the SEC Office may revoke its approval on such person. The provisions of the first and second paragraphs shall apply, mutatis mutandis

person from acting in that position and rectify such non-compliance or the SEC Office may revoke its approval on such person. The provisions of the first and second paragraphs shall apply, mutatis mutandis

statement; (4) re-examining and reviewing in the compliance of rules; (5) supervising the internal examining unit; (6) performing any other duties assigned by the SEC. In the execution of the duties under the

in accordance with the rules specified by the SEC. “originator” means a person that transfers or will transfer an asset to or places or will place an asset with a special juristic person https