After the consultation on the European securitisation markets back in December 2024, the European Commission has now invited all stakeholders to participate in the Call for Evidence, the so called “Have Your Say”. In our response published today, we have focussed especially on one fundamental question: Which role shall banks play in securitisations? And it
Archives for March 2025
Private Disclosure Templates – TSI responds to ESMA consultation together with GBIC, Leaseurope and Eurofinas
The TSI has responded to the ESMA consultation on a simplified private disclosure template in cooperation with its partners and stakeholders as well as with the German Banking Industry Committee (GBIC). We are very pleased that Leaseurope and Eurofinas have also joined our response, giving it even broader and Europe-wide support. Good approach – shortcomings
ESAs publish new Article 44 report on the functioning of the Securitisation Regulation
The Joint Committee (JC) of the European Supervisory Authorities (ESAs) has published the “Article 44 Report”, which reports every three years on the functioning of the Securitisation Regulation (SECR). Against the background of the European Commission’s forthcoming legislative proposals on securitisation regulation, the report makes specific reference to possible legislative changes. The findings and recommendations
ESMA publishes peer review on the supervision of STS requirements
On 27 March, ESMA published a peer review in which it compares and assesses the supervisory practices of various national competent authorities (NCAs). The review focuses on the monitoring of compliance with STS criteria for true sale securitisations between January 2022 and December 2023. In accordance with its mandate, ESMA is responsible for harmonising and
European Commission publishes strategy on Savings and Investments Union – Securitisation continues to play a role
On 19 March, the European Commission published a strategy paper on the new Savings and Investments Union (SIU). The SIU follows on from the European Capital Markets Union and builds on it accordingly. The aim of the SIU is to better connect savings with investments across European borders. To this end, households are to be




