Market pushes back on ‘rushed’ ESG criteria for securitization

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By Tom Brown
19 Nov 2020

The securitization market is pushing back against proposals in the European Parliament to tack a green framework for ABS deals onto existing discussions about NPL and synthetic securitizations that were supposed to be rapid-fire amendments to help the market fight off Covid-induced economic woes. Tom Brown reports.

The European Commission, the Council of the European Union and the European Parliament are engaged in a formal trilogue meeting, discussing which suggested amendments should make it into the EU's Securitization Regulation.

The regulation had not done enough to revitalise the securitization market, a European Banking Authority (EBA) report ...

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