Joint Trade association letter on supporting the EU securitisation market
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Brussels, 7 November 2022 – Securitisation can provide significant support to the economy, but targeted measures are needed to unlock its potential. This is the position expressed by the European Banking Federation, Association for Financial Markets (AFME), Prime Collateralised Securities (PCS), Leaseurope and Eurofinas, the International Association of Credit Porfolio Managers (IACPM), Paris EUROPLACE, the Dutch Securitisation Association (DSA), and True Sale International (TSI) in a joint letter.
The letter illustrates some policy measures to be taken in the context of the current legislative discussions, including the Banking Package, Solvency II, and the Green Bond Standard. The scaling up of the EU securitisation market is also a major objective of the Capital Markets Union Action Plan. The proposed measures aim to grow the EU securitisation market while diversifying the funding sources for the European economy.
For more information:
Lukas Bornemann, Policy Adviser – Prudential Policy & Supervision, l.bornemann@ebf.eu
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About the EBF:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.