Securitisation Regulation
E513405
The Securitisation Regulation is an EU legal framework that sets uniform rules for the creation, transparency, risk retention, and supervision of securitisation transactions in European financial markets.
Statements (53)
| Predicate | Object |
|---|---|
| instanceOf |
EU financial markets legislation
ⓘ
European Union regulation ⓘ |
| adoptedBy |
Council of the European Union
NERFINISHED
ⓘ
European Parliament NERFINISHED ⓘ |
| aimsTo |
create a single framework for EU securitisation rules
ⓘ
enhance transparency of securitisation transactions ⓘ prevent regulatory arbitrage in securitisation ⓘ protect investors in securitisation ⓘ reduce risks in securitisation markets ⓘ support a safe and deep EU securitisation market ⓘ |
| alsoKnownAs | EU Securitisation Regulation NERFINISHED ⓘ |
| amendedBy | Regulation (EU) 2021/557 ⓘ |
| amendedFor | COVID-19 capital markets recovery measures ⓘ |
| appliesIn | European Economic Area NERFINISHED ⓘ |
| containsRuleType |
STS criteria
ⓘ
due diligence rules ⓘ risk retention rules ⓘ supervisory powers and sanctions ⓘ transparency and disclosure rules ⓘ |
| effectiveFrom | 1 January 2019 ⓘ |
| enteredIntoForce | 2018 ⓘ |
| introducedConcept | simple, transparent and standardised (STS) securitisation ⓘ |
| jurisdiction | European Union ⓘ |
| legalBasis | Treaty on the Functioning of the European Union ⓘ |
| officialName | Regulation (EU) 2017/2402 ⓘ |
| policyArea |
banking regulation
ⓘ
capital markets ⓘ financial services ⓘ |
| regulates |
STS securitisations
ⓘ
non-STS securitisations ⓘ private securitisations ⓘ public securitisations ⓘ |
| relatedTo |
Basel III framework
NERFINISHED
ⓘ
Capital Markets Union initiative NERFINISHED ⓘ |
| repealedOrReplaced | previous fragmented EU securitisation rules in sectoral legislation ⓘ |
| requires |
disclosure of information to investors
ⓘ
due diligence by institutional investors ⓘ minimum 5% risk retention in securitisations ⓘ ongoing reporting on securitisation performance ⓘ |
| setsRequirementFor |
institutional investors
ⓘ
original lenders ⓘ originators ⓘ securitisation special purpose entities ⓘ sponsors ⓘ |
| subjectMatter |
due diligence requirements
ⓘ
risk retention ⓘ securitisation ⓘ supervision of securitisation ⓘ transparency requirements ⓘ |
| supervisedBy |
European Banking Authority
NERFINISHED
ⓘ
European Insurance and Occupational Pensions Authority NERFINISHED ⓘ European Securities and Markets Authority NERFINISHED ⓘ national competent authorities ⓘ |
Referenced by (1)
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