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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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    2016-12-31

asset backed commercial paper programme

37(for the purposes of BIPRU 9 (Securitisation) and in accordance with Part 1 of Annex IX of the Banking Consolidation Directive (Securitisation definitions)) a programme of securitisations (within the meaning of paragraph (2) of the definition of securitisation) the securities issued by which predominantly take the form of commercial paper with an original maturity of one year or less.