As part of the market-led initiative of TSI, AFME and EDW, the ninth European Benchmark Exercise (EBE) Report was published today as of 30 June 2025. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and the UK. These include both ABCP and balance sheet-financed transactions.
ABCP securitisation
8th Report of the European Benchmark Exercise – The ABCP market is growing again
As part of the market-led initiative of TSI, AFME and EDW, the eighth European Benchmark Exercise (EBE) Report was published today as of 31 December 2024. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and the UK. These include both ABCP and balance sheet-financed transactions.
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


