The Prime Collateralised Securities initiative (PCS) is an independent, not-for-profit initiative set up to re-inforce the asset-backed securities market in Europe as a key to generating robust and sustainable economic growth for the region. At the heart of the PCS initiative are its True Sale and Risk Transfer Labels designed to enhance and promote standards of quality, transparency and simplicity throughout the asset-backed market.

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News

  • STS – the end of a long march, maybe the start of a new dawn

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  • European Council and Parliament reach agreement over STS securitisation

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  • PCS launches a new label for risk transfer/synthetic securitisations

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  • European Parliament agrees the text on STS securitisation

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