| 1. | The third chapter explains the theoretical basis of the asset securitization transaction , and analyses the mechanism of asset securitization
第三章提出资产证券化交易的理论基础，对资产证券化的机理加以分析。 |
| 2. | The firm is awarded “ real estate & construction deal of 2007 ” 、 " the best securitization transaction in asia " of 2007 ” 、 " top 50 law firms in ap area ”
本所被前后评为“ 2007年中国最佳房地产和建筑交易大奖” 、 “ 2007年亚洲资产证券化最佳交易奖” 、 “ 2005年亚太律师事务所50强之一” 。 |
| 3. | From the development of securitization abroad , the desired alternative in most securitization transactions is to structure the transaction that will result in off - balance sheet treatment for the existing assets
从国外的发展来看，利用资产证券化实现表外融资是发起人开展资产证券化业务的主要动机之一。 |
| 4. | This paper is divided into five sections . considering the complexity of securitization transaction , an analysis of its characteristics is provided in the first two parts which is the preparation in probing into accounting problems of securitization
由于资产证券化的交易过程相当复杂，要对其进行会计规范，首先要理解交易的经济实质，因此，第一和第二部分主要分析资产证券化的本质特征，为下文论述资产证券化的会计问题奠定基础。 |
| 5. | To structure a successful securitization transaction , the sponsor should design out more complicated contracts to scatter the risks and interests on the expected cash flow of the underlying assets and transfer the asset to a spe to isolate the risk of transferred assets from other assets
一项成功的资产证券化交易，发起人需要设计出各种复杂的合约来分散被转让资产未来现金流上的风险和收益，同时将该资产转让给一个特殊目的实体，使该资产上的风险与发起人其他资产上的风险相隔离。 |
