On 30 September 2015, the European Commission (the “Commission”) published a proposal for a regulation (the “Proposed Regulation”)1 intended to harmonise existing EU laws applying to securitisations (including proposed...more
10/2/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset-Based Lending ,
Banking Sector ,
Banks ,
Capital Markets ,
Capital Raising ,
Compliance ,
Disclosure Requirements ,
Due Diligence ,
EIOPA ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Funding ,
Insurance Industry ,
Investors ,
Originators ,
Risk Retention ,
RTS ,
Securitization ,
Small and Medium-Sized Enterprises (SMEs) ,
Small Credit Institutions ,
Solvency II ,
UCITS
On 24 June 2014, ESMA published its Final Report on the draft regulatory technical standards under CRA3. With respect to structured finance instruments, the Final Report sets out draft standards for the information to be...more
The Basel Committee on Banking Supervision (the “Basel Committee”) has published a second Consultative Document containing revised proposals for the Basel securitisation framework (the “Revised Proposals”). The Revised...more
New issuance of collateralised loan obligations (“CLOs”) rose last year to its highest level since the credit crunch. 2013 saw U.S. CLO issuance rise to about US$81 billion, from US$54 billion the year before while European...more
Background -
Article 405 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU)...more