Recent changes to the Securitisation Regulation allow eligible servicers in the EU to retain the 5% net economic interest in traditional securitisations of non-performing exposures (NPEs). The European Banking Authority (EBA)...more
The proposal is part of an effort to aid economic recovery and enhance the capacity of banks to lend to corporates and SMEs.
The European Commission’s proposal to amend the Securitisation Regulation1 and the Capital...more
The EBA’s Final Report on the feasibility of a framework for Simple, Transparent and Standardised (STS) Synthetic Securitisations is a cautious step forward.
Key Points:
..The EBA has made a proposal to extend the STS...more
Within a fortnight of each other, the STS Notification RTS was published in final form and the homogeneity RTS for STS securitisations will enter into force. This alert highlights how STS securitisations will be...more