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
SRT securitisation
SRT transactions on the rise – An opportunity for financing the green transformation
The ECB published a market overview of SRT (Significant Risk Rransfer) transactions in August, which confirms the positive trend for European SRT securitisations since 2020. In 2022, EUR 170bn were securitised. The newly securitised nominal volume in 2022 is thus for the first time again above the level before the Corona crisis of 2019. This

