Summary
This proposal updates EU securitisation rules to support pandemic recovery by introducing new frameworks for synthetic securitisations and non-performing loans. 9 26.04.2021
Other
economy
finance
Key points
- The proposal aims to foster economic recovery by providing banks with new tools to manage risk and maintain lending capacity.
- A new framework is established for high-quality, on-balance-sheet synthetic securitisations that meet specific simplicity and transparency standards.
- New definitions and rules are introduced specifically for the securitisation of non-performing exposures to help manage defaulted loans.
- Banks are required to retain a minimum economic interest in the securitised assets to ensure their interests remain aligned with those of the investors.
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 pandemic
General framework for securitisation and specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 crisis ***I
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