CONSULTATION RESPONSE
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Title: European Commission consultation on the functioning of the EU securitisation framework: EBF response
BRUSSELS, 06 October 2021 – The European Banking Federation has responded to the targeted consultation of the European Commission on the functioning of the EU securitisation framework. The EBF welcomes the initiative of the European Commission to comprehensively review the EU securitisation framework. For the securitisation market to develop, any legislative proposal under the European Commission’s Capital Markets Union Action Plan will need to address the prudential treatment and the reporting obligations. Particular points for attention are the capital non-neutrality, the significant risk transfer process, the liquidity treatment of securitisations, and disclosure obligations under the ESMA templates.
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.