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ICMA’s Asset Management and Investors Council has responded to the EC consultation
to review the EU securitisation regulation (SECR). The response
highlights that the low level of securitisation issuances since the
entry into application of the SECR is mainly due to the accommodative
monetary policies of central banks, but that there is still merit in
introducing amendments to the SECR and related prudential rules measures
to grow both the investor and the issuer base and contribute to the CMU
objectives.