Mortgage SRT booster voted down

Category: Capital Relief Trades ABS

Previous Story       Next Story

MEP Caroline Nagtegaal’s amendment 596 to Article 234 of the CRR was rejected by the European Parliament in a vote this week, in order to prevent the establishment of an unwanted precedent. The amendment had been expected to boost significant risk transfer (SRT) transactions of mortgages (SCI 20 April).

Already registered?

Not yet registered? Join today to access SCI Content.