The European Commission has published a summary of the responses to its consultation on the functioning of the securitisation regulation (see TSI kompakt from 4 December 2024). The 12-page document provides an overview of the feedback received from various stakeholders. The key points from the EU Commission’s report Below are the key findings from the
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TSI and GBIC respond to EU consultation on securitisation – rigorous implementation of a series of measures required to strengthen the Capital Markets Union
Together with the German Banking Industry Committee (GBIC) and in close cooperation with its stakeholders from the TSI partner network, TSI today responded to the consultation on securitisation regulation. The European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) invited to this consultation on 9 October and asked about all
European Commission publishes consultation on securitisation framework
The European Commission published its eagerly awaited consultation on the securitisation regulation today. After informal soundings with market participants in summer this year, the official part is now following. The consultation is very broad-based, with ten topics, and the deadline for submissions is 4 December. Based on a first reading, the following main focusses have
The Defence against Tax Haven Act may hit securitisations hard
The tax treatment of securitisations in Germany is a recurring source of uncertainty. This is due to both national and European requirements. A current example is the German Defence against Tax Haven Act (Steueroasen-Abwehrgesetz, StAbwG), which can be traced back to an EU initiative in the context of the international BEPS project (Base Erosion and
Risk Control supports debate on reforms regarding the securitisation regulatory framework
Risk Control Limited, with the support of renowned co-authors, has published a paper that contributes to the current debate on the reform of the securitisation regulatory framework (see also our TSIkompakt article from31 July 2024). Risk Control proposes reform of supervisory structures Risk Control focusses, with regards to the usual proposals for the revision of



