European Parliament approves securitization framework

PA-EU Strasbourg
By Sam Kerr
26 Oct 2017

The European Parliament gave final approval to new common rules for securitization in the European Union on Thursday, in addition to finalising the simple, transparent and standardised (STS) securitization framework.

The measure was passed by 459 votes to 135, with 23 abstentions, with MEPs praising it as a milestone in the development of the post-crisis European ABS market. Increased transparency was heralded as a cornerstone of the new rules.

“The question is, can a toxic product be turned ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.