12 October 2021

EBF paper on the review of the EU securitisation framework

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.

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.

Full paper

EBF

© EBF