TSI kompakt

Der Blog rund um die Kredit- und Verbriefungsmärkte

TSI kompakt

Der Blog rund um die Kredit- und Verbriefungsmärkte

TSI Kompakt Blog - Kopfbild
  • TOP 5 Blogeinträge
  • Archiv
  • Veranstaltungstermine
  • Blogempfehlungen

10. Februar 2015

TSI welcomes the simple, transparent and comparable (STC) securitization approach by the Basel and IOSCO task force ….. but on the path towards a real European capital market union it may not be enough

  • True sale and synthetic corporate debt securitisation, as well as the securitisation of sales financing, leasing (especially in the car sales industry), factoring and trade receivables, have the potential to play a decisive role in shaping the future of Europe’s business financing. Regulations foresee tighter rules for banks with regard to balance sheet, liquidity and capital. Hence, to support and maintain sufficient lending volumes to the real economy, ABS will provide banks with an important tool to achieve such goals also for risk management purposes; capital market financing for Europe’s business sector will be strengthened as a logical consequence. Yet none of this will happen without securitisations backed by real economy assets. Revitalising the European securitisation market for all types of business-related securitisations should therefore be a main focus in the creation of a European capital markets union. TSI therefore welcomes the approach proposed by the Basel and IOSCO Task Force on Securitisation Markets (TFSM) that involves the use of simple, standardised and comparable securitisations to create secure and attractive framework conditions for investors and originators.

    However, we also believe that, given the need to improve the framework conditions, which is the subject of intensive debate in Europe, this can only be the first step. The framework conditions in the European financial markets and in the economic structure imply that the intended European capital markets union needs to be based on an intelligent network of bank and capital market financing if the close connection between banks and enterprises is to be maintained. The elements of a network of this kind are already in place and can be clearly seen. A leading role is played by the instrument of securitisation.

    The TFSM paper deals only with true sale securitisations. This makes sense because clear experience can be drawn upon in that respect. Tried and tested criteria have also been established through the work of the standard setters TSI and PCS in these areas. But on Europe´s path toward a real capital market Union it would be fairly straightforward to include synthetic securitisation instruments as well as the securitisation of asset from industrial, commercial and leasing enterprises in a regulation for a safe and stable securitisation market.

    Go to TSI comments

    Zurück
    Alle Artikel des Blogs

    Tagged With: ABCP, ABS, Basel, BCBS, Capital markets union, High Quality ABS, IOSCO, Securitisation, STC securitisation, TFSM, trade receivables

    WEITERE INFOS

    TOP 5 Blogeinträge

    • Integration der europäischen Finanzmärkte über Verbriefungen
    • Sustainable Finance – Green Finance – und Regulierung. Quo vadis?
    • EBA-Konsultation zur Weighted Average Maturity bei Verbriefungen
    • Positionspapier zu EBA-Konsultation STS für synthetische Verbriefungen
    • Kapitalmarktfinanzierung europäischer Unternehmen – wohin geht der Trend in Europa?

    WEITERE INFOS
    Anzeige
    Trainings & Konferenzen

    27.01.2021

    Trainings & Konferenzen

    27. Januar 2021

    Online

    TSI Special Training | Online: Intensivseminar Überblick Term-ABS/ Case Study Auto-ABS und RMBS nach der neuen Verbriefungsverordnung

    RSS Aktuelle Veranstaltungen der TSI

    • 27. Januar 2021Trainings TSI Special Training | Online: Intensivseminar Überblick Term-ABS/ Case Study Auto-ABS und RMBS nach der neuen Verbriefungsverordnung
    • 30. September 2021Congress TSI Congress 2021

    TSI Partner

    Ein starkes Netzwerk für die Asset Based Finance Märkte

    Weitere Infos

    TOP Schlagworte

    • Sustainable Finance
    • STS-Regulierung
    • EBA
    • Kreditfonds
    • EU-Kommission
    • Kapitalmarktfinanzierung
    • Basel III
    • europäische Verbriefungen
    • Auto ABS
    • ABCP-Markt
    • Verbriefungs-Verordnung
    • Mittelstandsfinanzierung
    • synthetische Verbriefungen
    • Kapitalmarktunion
    Anzeige

    Archiv

    • 2020
      • November 2020 (1)
      • September 2020 (1)
      • Juli 2020 (1)
      • Juni 2020 (1)
      • Mai 2020 (1)
      • April 2020 (1)
      • März 2020 (1)
      • Gesamtjahr (7)
    • 2019
      • Dezember 2019 (1)
      • November 2019 (4)
      • September 2019 (1)
      • August 2019 (3)
      • Juli 2019 (4)
      • Juni 2019 (3)
      • Mai 2019 (2)
      • April 2019 (1)
      • März 2019 (2)
      • Februar 2019 (1)
      • Januar 2019 (3)
      • Gesamtjahr (25)
    • 2018
      • Dezember 2018 (1)
      • November 2018 (1)
      • Oktober 2018 (4)
      • September 2018 (1)
      • Juli 2018 (1)
      • Juni 2018 (1)
      • Mai 2018 (1)
      • April 2018 (4)
      • März 2018 (2)
      • Februar 2018 (2)
      • Gesamtjahr (18)
    • 2017
      • Dezember 2017 (2)
      • November 2017 (2)
      • Oktober 2017 (2)
      • September 2017 (3)
      • August 2017 (1)
      • Juli 2017 (1)
      • Juni 2017 (4)
      • April 2017 (3)
      • März 2017 (3)
      • Februar 2017 (3)
      • Januar 2017 (3)
      • Gesamtjahr (27)
    • 2016
      • Dezember 2016 (3)
      • November 2016 (3)
      • September 2016 (2)
      • August 2016 (2)
      • Juli 2016 (4)
      • Juni 2016 (1)
      • Mai 2016 (1)
      • April 2016 (3)
      • März 2016 (3)
      • Januar 2016 (3)
      • Gesamtjahr (25)
    • 2015
      • Dezember 2015 (2)
      • November 2015 (1)
      • Oktober 2015 (6)
      • September 2015 (6)
      • August 2015 (1)
      • Juli 2015 (5)
      • Juni 2015 (3)
      • Mai 2015 (4)
      • April 2015 (1)
      • März 2015 (2)
      • Februar 2015 (5)
      • Januar 2015 (5)
      • Gesamtjahr (41)
    • 2014
      • Dezember 2014 (4)
      • November 2014 (3)
      • Oktober 2014 (7)
      • September 2014 (4)
      • August 2014 (2)
      • Juli 2014 (2)
      • Juni 2014 (4)
      • Mai 2014 (1)
      • April 2014 (4)
      • März 2014 (5)
      • Februar 2014 (2)
      • Januar 2014 (7)
      • Gesamtjahr (45)
    • 2013
      • Dezember 2013 (11)
      • November 2013 (9)
      • Oktober 2013 (6)
      • September 2013 (5)
      • August 2013 (6)
      • Juli 2013 (9)
      • Juni 2013 (3)
      • Mai 2013 (6)
      • April 2013 (4)
      • März 2013 (7)
      • Februar 2013 (2)
      • Januar 2013 (4)
      • Gesamtjahr (72)
    • 2012
      • Dezember 2012 (4)
      • November 2012 (5)
      • Oktober 2012 (5)
      • September 2012 (4)
      • August 2012 (9)
      • Juli 2012 (1)
      • Gesamtjahr (28)

    TSI – Building Bridges in the Asset Based Finance Markets

    WEITERE INFOS

    Blogempfehlungen

    • Beyond the Obvious
    • Blick Log
    • COMMENTARY ARCHIVE
    • Economic Indicators
    • Finanz-Szene
    • Oxford Economics
    • ÖkonomenBlog
    • Disclaimer
    • Datenschutz
    • Privacy
    • Impressum
    • Kontakt