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PRA and FCA go much further than EU in loosening rules -
Liberated issuers will still have to follow European regulations if they want to sell in EU
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Public versus private distinction scrapped for disclosure plus new, simplified templates for mature asset classes
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Sanctions regime and output floor worry securitization advocates
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The EC’s regulatory proposals for securitization are broadly positive, but some reforms are questionable
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The draft proposal includes LCR reforms
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Regulators nervous about the perils of private credit should reflect on their own role restraining bank lending while pushing insurers into private markets
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Reforms to Solvency II rules make non-STS securitizations cheaper investments for insurers
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Waterfall's forward flow advantages, UK auto ABS resumes and CLO managers tackle a bifurcated leveraged loan market
