The consultation period on the STS Guidelines for synthetic securitisations published by the EBA on 21 April (see TSI kompakt of 24 April 2023) ended on 7 July. The STS Verification International GmbH (“SVI”), as an independent subsidiary of TSI, has through its activity as a third-party verifier very detailed insights into the practical implementation
European securitisations
Parliament and Council agree on EU banking package EU banking package
On 27 June, the EU Parliament and the Council, mediated by the European Commission, reached an agreement on the EU banking package in the so-called trilogue (see press release of the European Commission). The EU banking package represents the final implementation of Basel III (also called “Basel IV”) in the EU. Therefore, the EU is