Led by AFME, EDW and TSI, the first report in the European Benchmark Exercise on the non-public securitisation market in the EU and UK is published today. As part of the survey, twelve banks from six countries submitted their data on individual securitisation transactions to the European DataWarehouse (EDW).
Archives for 2021
ECB Consultation for the Reporting of Securitisation Transactions
In May 2021, the ECB published its decision to also supervise the credit institutions it supervises with regard to the reporting of securitisation transactions. Specifically, the powers relate to compliance with Articles 6 (risk retention), 7 (transparency) and 8 (prohibition of re-securitization) of the European Securitisation Regulation (EU) 2017/2402 and (EU) 2020/1224 (VV) . Now,
“Use-of-Proceeds” Approach for Securitisations Supported by ECB
The European Central Bank today published its opinion on the draft EU Green Bond (EuGB) standard presented by the European Commission in early July 2021 (see article TSI Compact July 6, 2021). In it, the ECB supports the “use-of-proceeds” approach to securitisation. The EU Green Bond (EuGB) Standard As a reminder, the EU Green Bond
European Commission – Call for Advice on Securitisation Regulation to Joint Committee
In the securitisation consultation that closed in September 2021 (see article TSI compact of September 28, 2021), the European Commission had already announced the Call for Advice on the Securitisation Regulation to the Joint Committee of Supervisors. Accordingly, the prompt implementation is to be welcomed. The scope of the information requested in the Call for
Sustainable Finance – Challenges and Opportunities for German SMEs
“There is no alternative” – the well-known quote by Margaret Thatcher in her plea for more market and competitiveness of the British economy in the early 1980s also fits the environmental and climate policy goals of the EU today. Indeed, the need to transform the European economy to adapt it to climate change mitigation and