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
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
New homogeneity RTS comes into force
The new RTS on homogeneity was published in the official journal of the European Union on 15 February and will therefore enter into force on 6 March 2024. In addition to non-ABCP and ABCP transactions, the RTS now also includes synthetic on-balance-sheet transactions. In terms of content, the RTS is similar to the final draft
French-German non-paper on Reviving the EU securitisation market – Window of Opportunity instead of Fit for Purpose?
A two-page letter from the finance ministries of Germany and France to the European Commission on reviving the European securitisation market catches one’s eye. In their response to the European Commission’s Call for Advice (CfA) on securitisation regulation, the European Supervisory Authorities (ESAs) have been very cautious about the need for improvements in the regulatory
Promising recommendations of the High Level Forum on the Capital Market Union also for securitisations
After its interim report 2019 already contained fundamental recommendations on the completion of the Capital Market Union up to a level playing field for ABS and covered bonds, the High Level Forum (HLF) on the Capital Market Union (CMU) is now making further progress. On 10 June 2020 it presented its final report to the
- « Previous Page
- 1
- …
- 3
- 4
- 5




