astronomical clock

Missed opportunity

Category: ABS Capital Relief Trades CMBS

Previous Story       Next Story

ESA report disappoints on securitisation treatment

The recent European Supervisory Authorities (ESA) report on the implementation and functioning of the EU Securitisation Regulation (SCI 17 May) disappointed many in the industry, since it avoided tackling long-standing issues in the treatment of securitisations. In particular, the lack of a level playing field in terms of disclosure and due diligence remains a concern.

Already registered?

Not yet registered? Join today to access SCI Content.