STS-compliant ABS issuance to be 'higher than expected'

Category: ABS CLOs Regulation

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Lack of certainty continues around areas of Securitisation Regulation

The EU Securitisation Regulation came into force as of 1 January this year, despite several parts of the legislation not yet having been finalised and amid concerns that market participants may lack the necessary infrastructure to adequately comply. Despite this, it is thought that there will be more STS-compliant transactions issued at the start of 2019 than expected, with many issuers hoping to attain the STS label at a later date in the absence of official third-party verification agents.

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