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).
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,
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