CTHRepealedLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 19 of 2009 - GRS 131.0_G (2009) - Off Balance Sheet Exposure Risk Charge
Assets Sold With RecourseAssets Sold With Recourse
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Assets Sold With Recourse
This includes any asset sales (to the extent that such assets are not included in on-balance sheet) by the Level 2 insurance group where the holder of the asset is entitled to “put” the asset back to the Level 2 insurance group within an agreed period or under certain prescribed circumstances, e.g. deterioration in the value or credit quality of the asset concerned.[7]