STS

Amendments to the EU Securitisation Regulation – the new synthetic STS framework and adjustments in relation to non-performing exposures

By Alice Harrison, Robyn Llewellyn, Mariana Padinha Ribeiro & Edmund "Ed" Parker on April 19, 2021

Posted in Derivatives, European Union, Legal Update, Regulatory

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…

EBA publishes its report on the creation of an STS framework for synthetic securitisations

By Harjeet Lall, Christopher Arnold & Robyn Llewellyn on June 3, 2020

Posted in ABS, European Union, Legal Update

The European Banking Authority (the “EBA”) has recently published its report on the feasibility of a framework for simple, transparent and standardised (“STS”) synthetic securitisations (the “EBA Report”). The EBA Report follows a discussion paper published by the EBA on 24 September 2019 (the “EBA Discussion Paper”).…