Securitisation can make an important contribution to financing the digital and sustainable transformation in Europe. This requires a secure, but at the same time deep and liquid securitisation market. The European Commission’s report of 10 October notes: around 80% of the market participants surveyed consider that the EU Securitisation Regulation has not contributed to improving the securitisation
TSI response on EBA Consultation of the RTS Homogeneity
The consultation of the European Banking Authority (EBA) of 28 July 2022 on the RTS Homogeneity expired last Friday. The topics are the adjustment of the homogeneity factors and the extension of the RTS to synthetic securitisations. For an overview of the contents, see the TSI Securitisation and Regulation News of August 2022. Together with its
TSI supports AFME response on the EBA consultation “Exposure Value of SES”
Last Friday, 14 October 2022, the EBA’s consultation period on the draft RTS on the capital adequacy of synthetic excess spreads (“SES”), the so-called Exposure Value of SES, expired. The Association for Financial Markets in Europe (AFME) has submitted a detailed response to the EBA. The underlying regulations STS for synthetic securitisations had already entered
Securitisation under the EuGBS – TSI Opinion
The trialogue in the European legislative process for the introduction of the European Green Bond Standard (EuGBS; see TSI news of 6 July 2021) is entering the home straight. However, the legislative institutions have not yet reached agreement on the treatment of securitisations under the EuGBS. In its role as facilitator, the EU Commission published a
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