PCS authorised as third party STS verification agent in France

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By Tom Brown
27 Jun 2019

Prime Collateralised Securities (PCS) has been officially authorised by Autorité des Marchés Financiers (AMF) as a third-party verification agent in France for the ‘simple, transparent and standardised’ (STS) regulatory framework.

PCS is now verified by two national authorities — the Financial Conduct Authority (FCA) in the UK, which granted authorisation to the verifier in March, and the AMF in France.

“Our current configuration will allow us to maintain our work for the benefit of the securitisation markets ...

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