Regulatory Update Archive - Page 12 of 15

Regulatory Update

23. February 2023

Study on the EU Regulatory Framework

The management consultancy Oliver Wyman has published the very informative study “The EU Banking Regulatory Framework and its impact on banks and economy” on behalf of the European Banking Federation (EBF). With this independent study, the EBF wants to contribute to the discussion on regulatory hurdles in Europe. The study focuses on the regulatory costs

Regulatory UpdateRegulatory Update

15. February 2023

RTS on Homogeneity – EBA publishes Final Draft

On 14 February 2023, EBA published the Final Draft on the new RTS on homogeneity of STS securitisations. TSI had participated in the consultation on the Draft RTS in autumn 2022 (see news from 2 November 2023). The biggest criticisms on the EBA’s draft were the proposed differentiation in the homogeneity factor “type of obligor” for

Regulatory Update

1. February 2023

French-German non-paper on Reviving the EU securitisation market – Window of Opportunity instead of Fit for Purpose?

A two-page letter from the finance ministries of Germany and France to the European Commission on reviving the European securitisation market catches one’s eye. In their response to the European Commission’s Call for Advice (CfA) on securitisation regulation, the European Supervisory Authorities (ESAs) have been very cautious about the need for improvements in the regulatory

Regulatory Update

12. December 2022

Call for Advice on the Securitisation Prudential Framework – Response of the Joint Committee published

The Joint Committee (JC) of the ESAs today published the long-awaited response to the European Commission’s Call for Advice (CfA) on securitisation prudential framework (see news article of 18 October 2021). In the CfA, the EU Commission asked for advice on improving the regulatory conditions for securitisation. The core of the CfA was the review of

Regulatory Update

9. December 2022

Request for Guidance to the EU Commission on ABS Investments in Third Countries

Under the leadership of AFME and Clifford Chance, several European associations, including TSI, have submitted a request for guidance to the European Commission regarding the interpretation of Article 5(1)(e) of the Securitisation Regulation (SECR). The background to the request is the interpretation of the above-mentioned article expressed in the EU Commission’s report under Article 46