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ARTICLE · 27 MAY 2021

Securitisation Update – Recent Amendments And Guidance

Matheson
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The Amendments, Opinion and Q&As provide much food for thought for market participants and their legal advisors.

European UnionFinance and Banking
Richard Kelly
Richard Kelly
Vincent McConnon
Vincent McConnon
Alan Bunbury
Alan Bunbury
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In recent weeks there have been several updates and amendments at EU level in relation to Regulation (EU) 2017/2402 (the "Securitisation Regulation") that will be of particular interest to participants in the securitisation market:

1. amendments to the Securitisation Regulation (and Regulation (EU) 575/2013 (the "Capital Requirements Regulation" or "CRR")) effective from 9 April 2021 (the "Amendments"); and

2. publications from the European Supervisory Authorities ("ESAs") on 26 March 2021 comprising:

a. an opinion to the European Commission on the jurisdictional scope of application of the Securitisation Regulation (the "Opinion"); and

b. Q&As on cross-sectoral aspects of the Securitisation Regulation (the "Q&As").

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