ESMA urges market to prepare for SR implementation

Esma HQ 230x150
By Graham Bippart
12 Jun 2019

The European Securities and Markets Authorities’ (Esma) executive director Verena Ross this week said that implementation of the Securitisation Regulation will be difficult, given uncertainties and the lack of a transition period for the regulation, which came into effect at the start of the year. But she urged all market participants to be prepared.

Ross also used her keynote address at the Global ABS conference in Barcelona to defend the authority against accusations of being uncommunicative with market stakeholders.

Although the regulation is in effect, the European Commission has not yet adopted ESMA’s regulatory technical standards (RTS). If the Commission adopts them, ...

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.