EU Securitisation Regulation Roundup – July 2023

This update summarises a number of recent developments in relation to Regulation (EU) 2017/2402 (the "Securitisation Regulation"), namely:

• the publication of the final text of regulatory technical standards on the risk retention requirements under Article 6 of the Securitisation Regulation (the "Risk Retention RTS");
• the end of a consultation by the European Banking Authority (the "EBA") on its guidelines on the simple, transparent and standardised ("STS") criteria for on-balance-sheet securitisations (the "Guidelines"); and
• the publication by the European Securities and Markets Authority ("ESMA") of an updated version of its questions and answers on the Securitisation Regulation (the "Q&A").