On 27 June 2023, the European Parliament and Council agreed on the EU banking package and thus completed the final implementation of the Basel III requirements in the EU. We have already reported on the essential changes in the course of the announcement (see TSI kompakt of 28 June 2023). We now have detailed information
Real estate financing – challenges posed by the interest rate turnaround, supervision and sustainability
Symposium of the Capital Markets Union foundation project “40 – 30 – 20” – the total energy demand of the building sector in the EU is around 40%, the first United Nations Climate Change Conference took place around 30 years ago and there are still around 20 years left to achieve the climate targets. The
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
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.