Santander seeks STS stamp for legacy securitization
Santander has submitted notifications to regulators for its Holmes Master Trust RMBS to be eligible for the the ‘simple, transparent and standardised’ (STS) regulatory designation.
The bank has submitted STS notifications for Holmes deals 2016-1, 2017-1, 2018-1 and 2018-2. GlobalCapital understands that this will be the first time that legacy transactions issued before January 1, 2019, will qualify for the STS stamp.An STS notification has also appeared on the website of ...
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