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Email On 14 May 2018, the Basel Committee on Banking Supervision (the “Basel Committee”) and the Board of the International Organization of Securities Commissions (“IOSCO”) issued criteria for identifying “simple, transparent and comparable” (“STC”) short-term securitisations (the “Short-Term STC Criteria”). https://www.cadwalader.com/resources/clients-friends-memos/the-basel-committee-and-iosco-issue-criteria-to-identify-simple-transparent-and-comparable-short-term-securitisations