EBA publishes its report on qualifying securitisation

Yesterday saw the publication of the EBA report on qualifying securitisation.  The publication follows the public hearing held a couple of weeks ago and sets  out the detailed advice provided by the EBA to the European Commission.  PCS is still reviewing the 135 pages of the report and is looking forward to the clarifications announced during the public hearing to some of the more technical aspects of the proposed EBA definition of “simple, transparent and standardised” securitisations.