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A banking organization’ s management should ensure that documents governing
A banking organization’ s management should ensure that documents governing
游客
2025-06-19
15
管理
问题
A banking organization’ s management should ensure that documents governing securitizations it sponsors do not include any covenants related to supervisory actions or thresholds. Effective immediately , the use of covenants that provide for the early amortization of a securitization or compel the transfer of servicing as a result, directly or indirectly, of the occurrence of a supervisory action or event will, under appropriate circumstances, be criticized as an unsafe and unsound banking practice. Moreover, banking organization management is encouraged to amend, modify, or remove these covenants from existing transactions. Any impediments a banking organization may have to taking such actions should be documented and discussed immediately with its Reserve Bank. [br] The banks will be punished by the Reserve Bank if they refuse to cooperate.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
C
解析
文中最后一句只说Any impediments a banking organization may have to taking such actions should be documented and discussed immediately with its Reserve Bank.并没有指出银行不合作会受到他的储备银行的处罚。
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