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European securitisation reform: progress, but pitfalls remain

Key takeaways The securitisation market stands on the brink of long-needed transformation - an opportunity too important to miss. The European Commission's package of securitisation reforms helpfully addresses some key...more

A beacon or a chink of light - EU and UK securitisation regulatory forms on the horizon?

Proposals for securitisation reform are on the horizon in the EU and the UK. A significant package of reforms could facilitate meaningful change and allow the securitisation market to meet its full potential. Reform also...more

Securitisation disclosure - Could less be more?

The detailed disclosure requirements under the Securitisation Regulations in the EU and UK, which aim to ensure that investors receive the information needed to make informed assessments, have been considered by many market...more

The securitisation prudential framework is published – neither a silver bullet nor a nail in the coffin

On 12 December 2022, the European Supervisory Authorities (EBA, EIOPA and ESMA, collectively the “ESAs”) published joint advice to the European Commission on the securitisation prudential framework (banking) (the "Banking...more

EBA consults on draft RTS on homogeneity of underlying exposures in on-balance-sheet STS securitisations

On 28 July 2022, the European Banking Authority (the “EBA”) published a Consultation Paper on draft regulatory technical standards (“RTS”) specifying the criteria for the underlying exposures in on-balance-sheet STS...more

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