This dimension categorises the reported data according to the securitisation prudential treatment types.
The information reported is in relation to a securitisation structure whereby the credit risk, or part of the credit risk, of a pool is transferred to a third party which need not be a special purpose vehicle (SPV). The transfer of credit risk can be undertaken through the use of funded (e.g. credit linked notes) or unfunded (e.g. credit default swaps) credit derivatives or guarantees. Synthetic securitisation has the meaning given in Prudential Standard APS 120 Securitisation.