ECB sets out stall on loan level reporting
The European Central Bank launched a consultation on mandatory loan level data reporting for ABS collateral in the Eurosystem just before the holiday period.
"Its a key piece of legislation to kickstart the market," said one investor. "It will be massively well received by the investor base."
The launch of the consultation came after a year of hints and warnings from officials and is likely to prove controversial among issuers, most of which ...Already a subscriber? Login