At the end of March, ESMA launched a first consultation on technical standards for the registration and supervision of independent External Reviewers in the context of the European Green Bond (EuGB) Regulation (see also TSI kompakt of 5 October 2023). The EuGB Regulation will take effect from 21 December 2024, by which time the legal
Securitisation market
Fifth report of the European Benchmark Exercise – further growth in ABCP and private non-ABCP markets
As part of the market-led initiative of TSI, AFME and EDW, the fifth European Benchmark Exercise (EBE) Report was published today as of 30 June 2023. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and UK. These include both ABCP and balance sheet-financed transactions. Synthetic
European Green Bond Standard: Positive Vote of the European Parliament
On 5 October, the European Parliament adopted the “European Green Bond” regulation in first reading. The decision is essentially made against the background of the informal agreement of the EU legislators in the trilogue procedure on the European Green Bond Standard (EuGBS) as a voluntary standard for the issuance of bonds. With regard to the
Federal Finance Minister Lindner stimulates debate on securitisation market reform
New view of securitisations necessary In an interview with Börsen-Zeitung of 2 January 2023, the German Minister of Finance Christian Lindner shows itself open to a reform of the European securitisation market in the course of the planned Capital Markets Union. In doing so, he emphasises that the stigma of securitisations since the financial crisis