New securitization rules clear Australia hurdle

By Tom Brown
26 Mar 2021

The European Parliament has passed amendments to the STS Regulation and changes to the Capital Requirement Regulation (CRR) after a tax dispute almost shut Australian investors out of European ABS.

The final text of the securitization amendment extending STS to synthetic transactions and improving NPL sales is about to be become law, with the final text available online.

The Commission also voted through amendments to the Capital Requirements Regulation (CRR), listed on its website.

“Although one ...

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