27 Sep 2021 | Statements and Position Papers
ALFI responds to the European Commission consultation on the functioning of the EU securitisation framework (the “Consultation”)
In order to deliver on the Commission’s commitment in the capital markets union (CMU) action plan and in order to prepare the report mandated by Article 46 of the Securitisation Regulation (the “SECR”), this Consultation on the functioning of the EU securitisation framework seeks stakeholders’ feedback on a broad range of issues. The Commission’s obligation under Article 46 of the SECR is to submit a report on the functioning of the SECR to the European Parliament and to the Council by 1 January 2022.
The Consultation covers the areas mandated by Article 46 of the SECR, namely:
In addition, the Consultation seeks feedback on a number of additional issues that have been identified and raised by stakeholders and by the Joint Committee of the ESAs as having an impact on the functioning of the securitisation framework.”
Click here to read ALFI’s feedback.