Skip to main content
Λογότυπος της Ευρωπαϊκής Επιτροπής
Πρόταση κανονισμού

Securitisation initiative


Ημερομηνία δημοσίευσης
30 Σεπτέμβριος 2015
Ημερομηνία δημοσίευσης
Γενική Διεύθυνση Χρηματοπιστωτικής Σταθερότητας, Χρηματοπιστωτικών Υπηρεσιών και Ένωσης Κεφαλαιαγορών


The Commission securitisation initiative adopted today is a package of two legislative proposals

  • A proposal for a Securitisation Regulation that will apply to all securitisations and include due diligence, risk retention and transparency rules together with the criteria for Simple, Transparent and Standardised ("STS") Securitisations
  • A proposal to amend the Capital Requirements Regulation to make the capital treatment of securitisations for banks and investment firms more risk-sensitive and able to reflect properly the specific features of STS securitisations. As the prudential treatment of securitisations for insurers is laid down in level 2 texts, future adjustments will come at a later moment. The same applies to banks and investment firms as regards the prudential treatment for liquidity purposes which is included in a Delegated Act that will be amended at a later stage.

These rules aim to re-establish a safe securitisation market in Europe by differentiating simple, transparent and standardised securitisation products from more opaque and complex ones.

More information:


Proposal for a Regulation laying down common rules on securitisation and creating a European framework for simple, transparent and standardised securitisation
(527.06 KB - HTML)