TSI Training

10. September 2025

TSI Training

SRT & Synthetic Securitisation – from a practical perspective

Die Veranstaltung
Sprache
Englisch
Termine
10. September 2025
08.45-17.45
Onsite

True Sale International GmbH
Mainzer Landstraße 61
60329 Frankfurt

Teilnahmegebühr
595 EUR für TSI Partner
795 EUR für Nichtpartner

Frühbucherrabatt
535 EUR für TSI Partner
715 EUR für Nichtpartner

Synthetic balance sheet securitisations do play a significant role in banks capital management. Especially in the context of the challenges of financing the huge investments required for the digital and sustainable transition, the European Economy will require bank based lending to support the growth.

The European synthetic SRT market has been growing significantly over the past three years and doubled in size, but will this be sufficient? How do synthetic securitisations function, how is it structured, who does invest and how do you achieve capital relief?

We invite all interested parties to join us for this training format in the well established, small classroom format training of TSI EVENTS.

Agenda

Wednesday, 10.09.2025

8.45 – 9.00

Registration

9.00 – 9.15

Welcome by TSI and introduction
Jan-Peter Hülbert

9.15 – 10.05

Legal Overview
Kerstin Schaepersmann, Clifford Chance

  • Why do it synthetically?
  • Common structures
  • Documentation clauses and credit events  
10.05 – 10.55

Issuer Perspective
André Kobinger, Landesbank Baden-Württemberg

  • Capital Management and economic reasoning for synthetic securitisation
  • Strategic approach and synthetic securitisation programmes
  • Challenges for setting up a transaction 
10.55– 11.15

Coffee break

11.15– 12.05

Basel IV / Capital Management / Basel / Output Floor  
Stefan Röth, PWC

  • Basel IV - What's new for securitisations?
  • Understanding the mechanics of the Output Floor
  • Impact on RWA calculation and capital management
12.05 – 12.55

Arranger / Investors Perspective  
Holger Beyer, Alantra

  • Involvement in the structuring process and legal documentation
  • Preferences in terms of structures and pools 
12.55 – 14.15

Lunch Break

14.15 - 15.05

Regulatory aspects 
Ulf Kreppel, Jones Day

  • How to achieve capital relief
  • SRT versus full deduction 
15.05 – 15.50

Role of STS in Synthetic Securitisation  
Marco Pause, SVI

  • STS framework in synthetics
  • Verification process
  • Challenges to achieve STS 
15.50-16.10

Coffee break

16.10 – 16.55

Transparency & Disclosure  
Andras Vajda, iconicchain

  • Setting up internal reportings
  • Reporting form investors, auditors, supervisors 
16.55 – 17.35

Extra-comfort for the investor: the Verification Agent
Philipp von Websky, Deloitte

  • monitoring over the lifetime of the transaction.
  • assets treated like own vs. like third party risk position.
  • pitfalls and typical findings.   
from 17.35

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Veranstaltungsmanagement