The AFME report “EU Securitisation back on track – AFME’s 5-point plan” sets out comprehensive recommendations to revitalise the European securitisation market. The main proposals are summarised here: Increasing the risk sensitivity within the bank prudential framework: AFME proposes to increase the risk sensitivity within the banking prudential framework in order to strengthen the incentives
European securitisation market
Noyer Group publishes report on revitalising the Capital Markets Union – securitisation central element
The Noyer Group published its final report on April 25. The working group, chaired by Christian Noyer, former Vice President of the ECB, was initiated by French Finance Minister Bruno Le Maire. At the beginning of the year, it was entrusted with the task of developing proposals for the revitalisation of the Capital Markets Union.
Academic View – Uneven Regulatory Playing Field in Securitisations
The research paper by Thomas Papadogiannis Varouchakis critically assesses the European securitisation market, particularly the effects of regulatory discrepancies that have impeded its recovery post-Global Financial Crisis (GFC). The key findings and recommendations from the paper highlight the challenges and propose solutions to revitalize this market, which is crucial for financial diversification and stability in
Article 44 Consultation – joint opinion with the German Banking Industry Committee
Together with German Banking Industry Committee (GBIC), TSI has submitted a response to the ESAs’ Article 44 consultation (see TSI compact article dated 12 December 2023). The joint drafting of the opinion with TSI’s partners and further cooperation with the German banking industry enabled extensive feedback to be consolidated with broad coverage of the German
Is the Securitisation Regulation functioning? Joint Committee asks for feedback by the end of January 2024
At the beginning of 2024, the Joint Committee of the European Supervisory Authorities (ESAs) will once again examine the functionality of the Securitisation Regulation. The ESA reports are important guides: The first report on the EU Securitisation Regulation in accordance with Article 44 was published in May 2021 (see TSI kompakt). The European Commission’s report on