Regulation News

Despite a tepid response in a 2024 consultation, there are signs EU authorities are laying the groundwork

The conditions are set so that 2026 promises to be even better than the already impressive 2025. A deepening of esoteric asset classes, combined with entirely new deal types, as well as more debut issuers are set to be the key themes, writes Tom Hall

◆ Simplification plans boggle banking boffins ◆ Hungry, hungry hyperscalers to push utilities into bond market ◆ A loan in the sand: private credit jostles for place in Middle East debt markets

Deutsche moved from 1.5% to 1% bucket ◆ "Direct impact" on Deutsche's leverage ratio ◆ Two banks upgraded

Reforms to Solvency II rules make non-STS securitizations cheaper investments for insurers

◆ Private credit, banks or securitization — which one is regulated too lightly? ◆ How AI capex will affect Europe's bond market ◆ What do defence bonds achieve?

Systemic financial channels get regulated

Proposed reduction in EU insurer regulatory capital requirements expected to encourage CLO investment

Favourable treatment of equity investments under legislative programmes to be extended from banks to insurers, conditions clarified

For the first time since the global financial crisis, there is optimism that much-needed positive and proportionate regulatory reform is coming to European securitization. Yet there is a long way to go before glimmers of hope translate into concrete changes or have a meaningful impact, write Tom Lemmon and George Smith.