Two publications from the EBA on securitisation – one set of final draft technical rules and a consultation

Yesterday was a busy day for the European Banking Authority on the securitisation front with the publication of two paper.  First, they published their final draft regulatory technical standards on securitisation retention rules and related requirements (together with final draft technical standards on the convergence of supervisory practices related to the implementation of additional risk weights in the case of non-compliance with the retention rules). Secondly, it published a public consultation on draft guidelines for assessing significant risk transfer for securitisation transactions. These guidelines are to be part of the EU Single Rulebook in the banking sector. The public consultation runs until 17 March 2014. The first paper can be found here,  whilst the consultation can be found here.