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EBF paper on the review of the EU securitisation framework
BRUSSELS, 12 October 2021 – Under the Capital Markets Union 2020 Action Plan, the European Commission will engage in a review of the regulatory framework for securitisation in order to scale up the securitisation market in the EU. This provides an important opportunity to discuss the topic more broadly and the benefits that securitisation can bring to the European economy. In this context, the European Banking Federation has produced a paper that discusses fundamental aspects of the securitisation topic and how those link to the current discussions. In this context, the EBF has elaborated four priority topics that should be given particular attention: 1. capital non-neutrality, 2. the significant risk transfer process (SRT), 3. The liquidity treatment of securitisations, and 4. the disclosure requirements for securitisation. In addition to that, the EBF has also proposed a set of legislative amendments that could further improve the framework.
More information:
Lukas Bornemann, Policy Adviser Prudencial Policy and Supervision l.bornemann@ebf.eu
About the European Banking Federation:
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.