BANK 3.2.29 Securitisation gains on sale

In the calculation of CET 1 capital, a banking business firm must derecognise any increase in equity capital or CET 1 capital from a securitisation or resecuritisation transaction (for example, an increase associated with expected future margin income resulting in a gain-on-sale).

Derived from QFCRA RM/2014-2 (as from 1st January 2015).