Enabling sovereign bond-backed securities
This briefing analyses the IA accompanying the legislative proposal of the Commission to enable market-led sovereign bond-backed securities (SBBS). The problem definition and the objectives of the IA do not follow entirely the better regulation guidelines. Nevertheless, the policy options, including the baseline scenario, seem logical and pertinent, lacking, however, necessary specification and precision. The assessment focusses on direct effects on the euro-area sovereign bonds market, expecting no direct social or environmental impacts. The IA does not include the mandatory 12-week public consultation nor a comprehensive cost and benefit assessment of the initiative. It also omits, without explanation, a number of relevant issues, so that it seems like a missed opportunity to provide comprehensive and transparent support to evidence-based policy making.
Briefing
Maidir leis an doiciméad seo
Saghas foilseacháin
Údar
Eochairfhocal
- AIRGEADAS
- airgeadas poiblí agus beartas buiséid
- an limistéar euro
- AN tAONTAS EORPACH
- An tÚdarás Eorpach um Urrúis agus Margaí
- anailís eacnamaíoch
- aontas baincéireachta an Aontas Eorpaigh
- banna
- caidreamh airgeadaíochta
- cobhsaíocht airgeadais
- dlí an Aontais Eorpaigh
- EACNAMAÍOCHT
- eacnamaíocht airgeadaíochta
- iasacht phoiblí
- institiúidí an AE agus an tseirbhís shibhialta Eorpach
- maoirseacht airgeadais
- reachtaíocht airgeadais
- riosca airgeadais
- saorghluaiseacht chaipitil
- staidéar tionchair
- togra (AE)