European Supervisory Authorities Make Recommendations for the EU Securitisation Market
By EsqSocial Corporation 23/04/25
Background Article 44 of the EU’s Securitisation Regulation (“SECR”) requires the Joint Committee of the European Supervisory Authorities (“ESAs”) to produce a report every three years on: (a) the implementation of requirements for simple, transparent and standardised securitisations (“STS”); (b) competent authorities’ actions on material risks, new vulnerabilities and market participants’ efforts to further standardise securitisation documentation; (c) the functioning of due diligence and...
By: Cadwalader, Wickersham & Taft LLP