At the end of January 2026, the European Central Bank (ECB) published a series of amendments to its monetary policy guidelines for the implementation of monetary policy. The amendments primarily affect the General Documentation, the Temporary Framework, the Valuation Haircuts Framework, and the Collateral Management Guideline. Most of the changes will come into effect on
European Central Bank
ECB introduces fast track for SRT approval from 1 January 2026
The European Central Bank (ECB) plans to introduce a simplified review process (“fast track”) for securitisations with significant risk transfer (SRT) from January 2026. The fast track process applies only to standardised securitisations. These transactions must meet specific criteria. Inter alia, the securitised pool must include only performing loans and may consist of leveraged loans
ECB publishes Opinion on COM Proposals for Securitisations – differentiated assessment of Commission proposals
On 11 November, the European Central Bank published its assessment of the European Commission’s legislative proposals to revive the securitisation markets. Both the Council of the European Union and the European Parliament had asked the ECB for its opinion, and the publication had been expected since the beginning of October. Against the backdrop of the
“Use-of-Proceeds” Approach for Securitisations Supported by ECB
The European Central Bank today published its opinion on the draft EU Green Bond (EuGB) standard presented by the European Commission in early July 2021 (see article TSI Compact July 6, 2021). In it, the ECB supports the “use-of-proceeds” approach to securitisation. The EU Green Bond (EuGB) Standard As a reminder, the EU Green Bond