Regulation AB consolidates and codifies existing interpretative, primarily client -specific, positions that clarify Securities Act of 1933 registration requirements for asset -backed securities offerings in the United States . Regulation AB:
updates and clarifies the registration requirements for ABS offerings under the Securities Act;
provides disclosure guidance and requirements for filings involving ABS under the Securities Act and Exchange Act ;
establishes a consistent servicing standard, used as the basis for measuring;
requires an accountant 's report for each servicer assertion.
References
"What is the status of Regulation AB 2.0? PwC" . PricewaterhouseCoopers LLP. March 2014. Retrieved 25 March 2014.
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