13 July 2017
The EU Securitisation Regulation, long in the pipeline, reached a significant milestone on 11 July when the provisionally agreed text was approved on behalf of the European Parliament (having previously been agreed on behalf of the Council on 28 June).
While in general this should be good news, there are some provisions introduced at a very late stage in the process that are very troubling for industry. While we are still considering the text overall – and these issues in particular – we thought it worth bringing a few late-emerging aspects of the regulation to the attention of industry immediately.
EU Securitisation Regulation - A sting in the tail?