In the course of the EU capital market union project the public and political perception of securitisation is becoming more positive and the interest in securitisation by all market participants is growing. Also a new EU framework for simple, transparent and standardised securitisation is currently in preparation. It will amend the existing banking regulation CRR as well as a number of sectoral acts like Solvency II.
The growing importance of the securitisation market on the one hand and the increase in market diversity and its regulation on the other imply special requirements for originators, investors, supervisory authorities and service-providers.
Our training seminar on 22 January 2016 will address related topics.
The main topics covered in this advanced training seminar:
- Market overview
- Different asset classes with their special characteristics, opportunities and risks
- Term, conduit and synthetic securitisations
- Regulatory distinction between securitisations and other structured finance transactions
- Investor requirements under CRR, Solvency II, CRA III and AIFM – an overview
- Current discussions and proposals on a new EU framework for STS Securitisation
- Refinancing register utilisation options for securitisations
- Eurosystem and securitisations – eligibility criteria, TLTRO and purchase programme
- Specific asset classes: structured covered bonds, future flow structures