Today, the European Commission published a series of legislative proposals in the area of sustainable finance as well as to strengthen the international competitiveness of the European economy. The so-called omnibus package comprises two key measures: Firstly, the deadlines for the application of the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive
Europäische Kommission
EU consultation on securitisations – Commission publishes summary of the results
The European Commission has published a summary of the responses to its consultation on the functioning of the securitisation regulation (see TSI kompakt from 4 December 2024). The 12-page document provides an overview of the feedback received from various stakeholders. The key points from the EU Commission’s report Below are the key findings from the
ESMA publishes results of Disclosure Templates consultation
The ESMA has published the results of its consultation on the disclosure templates from the beginning of this year (see TSI kompakt from 22 March 2024). In particular, it evaluates the feedback received from the market with regard to the four proposed options for the way forward. Unsurprisingly, ESMA concludes that it will wait until
European Commission publishes consultation on securitisation framework
The European Commission published its eagerly awaited consultation on the securitisation regulation today. After informal soundings with market participants in summer this year, the official part is now following. The consultation is very broad-based, with ten topics, and the deadline for submissions is 4 December. Based on a first reading, the following main focusses have
Late Payment Regulation and European Parliament go into recess – and return with the new legislative period: What does this mean for the securitisation of trade receivables?
Back in September 2023, the European Commission presented its proposal for a Late Payment Regulation as part of the SME Relief Package. The subsequent debate centred primarily on the strict reduction of payment terms to a maximum of 30 days and the creation of a new authority to monitor and enforce the regulation. The aim



