On 2 May, the European supervisory authorities EBA, EIOPA, and ESMA (the ESAs) published a consultation paper. This includes a draft regulatory technical standard (RTS) considering whether and to what extent ESG-data should be published. In particular, the draft RTS considers the disclosure of Principal Adverse Impact (PAI) effects with regard to assets financed via
EBA
EBA publishes report on sustainable securitisation framework
The European Banking Authority (EBA) has today published its report on a Framework for Sustainable Securitisation. The EBA was mandated by the EU legislator as part of the Capital Markets Recovery Package in April 2021
EBA consults on performance based triggers for synthetic STS securitisations
On 20 December 2021, the European Banking Authority (EBA) published its current consultation for synthetic securitisations. It is about the determination of performance-based triggers for synthetic STS securitisations.
Legislative proposals (“Quick Fixes”) on STS for synthetic securitisations and NPLs confirmed by EU Council
On 16 December 2020, the legislative proposals of the Capital Market Recovery Package, also known as “quick fixes”, were approved by the EU Council and have thus successfully passed the trilogue procedure. In addition to amendments to the MiFID II Directive and adjustments to the Prospectus Directive, the package includes in particular the extension of



