Securitisation and capital requirements
As part of its ambition to create a Capital Markets Union, the European Commission wants to revive the securitisation market in the EU, in order to offer new financing tools and ease credit provision, especially for small and medium-sized enterprises. Its 'securitisation initiative', set out in a proposed regulation on 30 September 2015, would establish a new framework for 'simple, transparent, and standardised' (STS) securitisations. This new initiative also has implications for the overall prudential framework for credit institutions and investment firms, therefore the Commission proposed to amend the Capital Requirements Regulation (EU) No 575/2013 accordingly. The proposed amendments would adjust risk retention profiles to reflect properly the specific features of STS securitisations. The most significant changes are: a new hierarchy of risk calculation methods and lower capital requirements for STS. The Council agreed on a general approach on both dossiers in early December 2015. The draft report was presented in Parliament’s ECON Committee on 6 June 2016. This briefing updates an earlier edition of February 2016: PE 573.935. See also our updated briefing on the related proposal: 2015/0226(COD).
Briefing
À propos de ce document
Type de publication
Auteur
Mot-clé
- activité bancaire
- besoin de financement
- crise monétaire
- disponibilité monétaire
- droit de l'Union européenne
- ENTREPRISE ET CONCURRENCE
- FINANCES
- gestion administrative
- institutions financières et crédit
- libre circulation des capitaux
- marché financier
- rapprochement des législations
- relations monétaires
- risque financier
- règlement (UE)
- réglementation financière
- société d'investissement
- UNION EUROPÉENNE
- économie monétaire
- établissement de crédit