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
Europäische Kommission
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
RTS risk retention – EBA publishes final draft
The European Banking Authority (EBA) has today published the final draft of technical standards setting out the requirements for risk retention for securitisations, RTS risk retention, on 12 April 2022
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




