Article 2.2.30

1.    Asset-backed securities shall mean financial instruments issued in connection with securitisation operations carried out in accordance with:

a)      Law 130 of 30 April 1999, as amended and special laws to which the provisions of Law 130 shall apply insofar as they are compatible; or

b)      foreign laws that provide for the use of claims, both present and future, and other assets destined, on an exclusive basis, to satisfy the rights incorporated in the financial instruments issued and possibly to cover the costs of the securitisation operation.

2.    Single issues (tranches) of asset-backed securities related to a securitisation operation may be admitted to listing.