As announced, the EU Commission today launched the consultation with market participants (“targeted consultation”) on the review of the Securitisation Regulation pursuant to Art. 46 of the Regulation.
Archives for 2021
EU Commission presents EU Green Bond (EuGB) standard
The EU Commission has presented the eagerly awaited draft legislation for the EU Green Bond Standard (EuGB) as part of its Sustainable Finance Strategy. The EU Green Bond Standard will also be open to issuers of green bonds outside the EU. The proposed framework contains four main requirements: …
Authorization as securitisation repository granted by ESMA
On June 25, 2021, the European Securities and Markets Authority (ESMA) granted European DataWarehouse (EDW) and Secrep B.V. authorization to operate as a securitisation repository. This closes another important gap for the finalization of the EU Securitisation Regulation (VV). Issuers of securitisations can now provide loan level data in accordance with Art. 7 VV or
ESAs publish report on the implementation and functioning of the Securitisation Regulation
Today, the European supervisory authorities EBA, ESMA and EIOPA published the Joint Committee Report on the implementation and functioning of the EU Securitisation Regulation (SECR) under Article 44 SECR. It includes recommendations on how to address initial inconsistencies and challenges that may affect the overall efficiency of the current securitisation regime. The report is intended
New STS securitisation rules for synthetics come into force as early as 9 April 2021
On 25 March, the EU Parliament adopted draft legislation on STS for synthetic and NPL securitisations under the Capital Market Recovery Package (CMRP). Only a few days later and before Easter, the pending approval of the EU ministers in the Council took place and the publication in the Official Journal took place with today’s date.