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E. Operational Requirement for UAE Originating Banks

C 52/2017 STA Effective from 1/12/2022

15.The following types of securitisations, if the originating bank is UAE based, will only be permitted in specific instances and require the Central Bank’s approval:

  1. a.securitisation of revolving credit facilities
  2. b.synthetic securitisation
  3. c.resecuritisation exposure