ESMA defines standards for the implementation of the Securitisation Regulation

On 16th July 2018, the European Securities and Markets Authority (ESMA) issued a first set of technical standards under the Securitisation Regulation (SR) containing both draft regulatory and implementing standards (RTS/ITS). Regulation (SR) containing both draft regulatory and implementing standards (RTS/ITS). These TS contain detailed arrangements to implement the new European regulatory framework for securitisations, which is intended to promote simple, transparent and standardised (STS) securitisations.

Next Steps
ESMA has submitted today for endorsement its final draft RTS/ITS to the European Commission. These RTS/ITS will contribute to delivering a regulatory rule-book for European securitisation markets.