With its communication on the competitiveness of the European banking sector, published on 17 July 2026, the European Commission has presented a comprehensive agenda to make the European banking market more efficient, integrated, and growth-oriented. The initiative is a key pillar of the Savings and Investments Union (SIU) and is intended to ensure that banks continue
Regulation
ECON Takes a Position on the EU Inc.
Earlier this spring, the European Commission presented a proposal for a “EU Inc.”, a single corporate form applicable across the entire European Union – see TSIkompakt from 18 March 2026. The Committee on Economic and Monetary Affairs (ECON) of the European Parliament has now expressed its support for the initiative in an open letter. ECON views the proposal as an
ESMA publishes feedback on the consultation on the UCITS Eligible Assets Directive – feedback on securitisations controversial
UCITS (Undertakings for Collective Investments in Transferable Securities) funds may invest in securitisation, subject to a concentration limit of 10%. As part of a consultation on the UCITS Eligible Assets Directive (see TSI kompakt of 15 April 2025), ESMA discussed the pros and cons of adjusting the concentration limit with market participants. Mixed feedback from
Critical review of the impracticable reporting requirements for securitisations in the EU
The study by Oliva Hauet, Principal Economist at ECB, delves into the intricate and disjointed nature of reporting obligations pertaining to securitization matters within the EU financial system. It underscores the fragmented reporting landscape, characterized by diverse entities and templates, resulting in elevated costs and jeopardized data quality. The deficiency in technical and semantic integration