Two regulations amending the EU Securitisation Regulation and the Capital Requirements Regulation (the “CRR“) respectively have now come into force. Regulation (EU) 2021/557 of the European Parliament and of the Council (the “SR Amendment Regulation“) and Regulation (EU) 2021/558 of the European Parliament and of the Council (the “CRR Amendment
Edmund "Ed" Parker is a partner and global practice head of Derivatives & Structured Products at Mayer Brown and previously served on the Firm's partnership board. Ed’s work covers all aspects of derivatives at the highest levels. He has been nominated as Global Derivatives Lawyer of the Year, a reflection of his technical excellence in this field.
He is a trusted thought leader for both clients and the profession, writing extensively on derivatives matters. Under his stewardship, the team was declared Global Law Firm of the Year – Overall at the 2019 GlobalCapital Derivatives Awards. The practice was previously declared European Law Firm of the Year – Transactions in 2018 and 2017; and Americas Law Firm of the Year – Overall in 2019 and 2018. The practice was also commended in the “Complexity and Scale” category of the FT Innovative Lawyers Report: Europe in 2018.
Navigating the European Rules and Regulations.
Synthetic securitization has had a rocky ride in Europe. 2004-2005 was the high watermark. The financial crisis almost killed off the market, before a gradual recovery began. In 2018, there were 49 European synthetic securitization deals, reaching a post-crisis record of EUR 105 billion.