On 27 March, ESMA published a peer review in which it compares and assesses the supervisory practices of various national competent authorities (NCAs). The review focuses on the monitoring of compliance with STS criteria for true sale securitisations between January 2022 and December 2023. In accordance with its mandate, ESMA is responsible for harmonising and
STS criteria
AFME proposal to revive securitisations in Europe
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

