Date | News Title | Link |
---|---|---|
10/01/2021 | Harry Noutsos joins PCS | Read more |
04/01/2021 | FCA STS list up and running | Read more |
07/12/2020 | A new ESAs statement and Brexit – Chronicles of a Death Foretold | Read more |
23/11/2020 | Monday sees important announcements from the EBA on SRT and the FCA on STS | Read more |
28/10/2020 | Chances of new synthetic STS and NPL rules applying to the United Kingdom recede | Read more |
09/09/2020 | United Kingdom FCA publishes a consultation on the end of the Brexit transition period | Read more |
26/07/2020 | First legislative steps taken to complete the STS reforms | Read more |
11/06/2020 | New report published – changes may be on the way | Read more |
06/05/2020 | EBA publishes its final paper on STS and synthetics | Read more |
27/04/2020 | Europe to complete the unfinished STS reforms if securitisation is to fulfil its potential | Read more |
17/03/2020 | COVID 19 Communication from PCS | Read more |
18/02/2020 | PCS UK has moved! | Read more |
27/11/2019 | PCS’ response to the EBA consultation on synthetic securitisation: not just for securitisation nerds | Read more |
30/10/2019 | PCS improves the functionality of its verification reports | Read more |
19/10/2019 | Erratum | Read more |
18/10/2019 | The most anticipated release of the year is out, and it’s not “The Joker” | Read more |
25/09/2019 | Securitisation regulation, the next chapter: EBA launches consultation on synthetic securitisation | Read more |
04/09/2019 | EBA goes digital on STS | Read more |
31/07/2019 | More about the B-word: the UK FCA puts out a consultation on STS | Read more |
27/06/2019 | PCS becomes authorised as a third-party verification agent in France | Read more |
03/06/2019 | PCS hires Martina Spaeth as a senior analyst | Read more |
28/05/2019 | Long awaited homogeneity RTS is out | Read more |
26/03/2019 | PCS announces its first STS verification: STORM 2019-I | Read more |
21/03/2019 | PCS as an authorised third party verification agent – Frequently Asked Questions | Read more |
19/03/2019 | PCS is authorised as a third party verification agent | Read more |
05/03/2019 | New Regime, New PCS, New Website | Read more |
05/03/2019 | Regulatory wobbles in the introduction of the new securitisation regime | Read more |
25/09/2018 | Rob Koning, Dutch securitisation veteran, joins PCS | Read more |
06/08/2018 | EBA publishes STS homogeneity and retention RTS’ | Read more |
30/07/2018 | PCS plans its future | Read more |
11/07/2018 | Helping transition to the STS Regime | Read more |
09/07/2018 | Three new members join the PCS initiative | Read more |
04/06/2018 | GLOBAL ABS Conference to begin in Barcelona | Read more |
23/05/2018 | No, we’re not there yet! | Read more |
20/04/2018 | EBA consultation on STS criteria interpretation is released | Read more |
19/03/2018 | PCS responds to EBA and ESMA consultations | Read more |
05/03/2018 | Invitation to PCS to a “Transition to STS” workshop | Read more |
26/02/2018 | PCS responds to a disappointing Commission consultation on STS and LCR | Read more |
22/02/2018 | PCS to provide analysis for market participants in first step to the market’s transition to the new STS Regime | Read more |
03/01/2018 | Welcome to 2018…oh, and by the way, the clock is ticking. | Read more |
26/10/2017 | STS – the end of a long march, maybe the start of a new dawn | Read more |
31/05/2017 | European Council and Parliament reach agreement over STS securitisation | Read more |
23/02/2017 | PCS launches a new label for risk transfer/synthetic securitisations | Read more |
08/12/2016 | European Parliament agrees the text on STS securitisation | Read more |
22/11/2016 | PCS awards its 150th PCS label certificate | Read more |
20/06/2016 | Bloomberg covers the securitisation world’s outreach efforts | Read more |
13/06/2016 | PCS appears at the European Parliament hearing on securitisation | Read more |
20/05/2016 | Rapporteur report on STS securitisation is published | Read more |
15/04/2016 | The Board of the PCS Association publishes its framework for analysing jurisdiction specific PCS Label criteria | Read more |
06/04/2016 | Bloomberg covers the industry joint-note | Read more |
04/04/2016 | A new joint-note shows the depth of consensus over the European Commission’s securitisation proposals | Read more |
23/03/2016 | An excellent corrective piece on securitisation in the Financial Times | Read more |
25/01/2016 | Kirti Vasu joins the board of PCS UK as a non-Executive Director | Read more |
20/01/2016 | Updated version 10 of the PCS Rulebook, PCS Eligibility Criteria and PCS Checklist now available | Read more |
17/12/2015 | Rapporteurs and some shadow rapporteurs are appointed by the European Parliament | Read more |
08/12/2015 | Baroness Sharon Bowles and Waleed El-Amir join the board of PCS | Read more |
01/12/2015 | The Council text on CRR Regulation is published | Read more |
01/12/2015 | The Council text on STS Regulation is published | Read more |
18/11/2015 | Insurance Europe publishes its response to the Commission’s proposals on STS securitisation | Read more |
10/11/2015 | The Basel Committee releases a consultation document on STC securitisation | Read more |
21/10/2015 | New elegant solution proposed to the problems of the current securitisation proposals on bank capital | Read more |
14/10/2015 | Oudea skeptical about the Commission’s proposals | Read more |
30/09/2015 | Commission’s securitisation proposal is out | Read more |
15/09/2015 | PCS publishes updated Rule Book for Belgian RMBS criteria | Read more |
23/07/2015 | BCBS and IOSCO release their proposed definition of simple, transparent and comparable (STC) securitisation | Read more |
08/07/2015 | EBA publishes its report on qualifying securitisation | Read more |
29/06/2015 | PCS grants its 100th label | Read more |
26/06/2015 | EBA publishes the outline of its advice to the Commission on securitisation | Read more |
11/06/2015 | PCS publishes paper on the operationalisation of STS rules | Read more |
10/06/2015 | European Commission publishes responses to securitisation consultation | Read more |
21/05/2015 | PCS files its response to the Commission’s consultation | Read more |
21/04/2015 | PCS publishes new paper: “The illusory promise of self-attestation” | Read more |
01/04/2015 | British Treasury publishes its response to the EC Green Paper | Read more |
30/03/2015 | Bank of England and ECB respond to the EU Consultation on securitisation | Read more |
18/02/2015 | European Commission publishes today a Green Paper on the Capital Markets Union together with a new consultation on securitisation | Read more |
16/02/2015 | PCS files its response to the BCBS/IOSCO consultation on simple, transparent and comparable securitisations | Read more |
30/01/2015 | IMF publishes a discussion note on securitisation | Read more |
23/01/2015 | EBA publishes the responses to its consultation on simple, standardised and transparent securitisations | Read more |
16/01/2015 | Delegated Acts for Solvency II adopted but the Parliament still has some questions | Read more |
15/01/2015 | PCS files its responses to the EBA consultation on simple, standardised and transparent securitisations | Read more |
15/12/2014 | Finance Watch publishes a paper on securitisation – remains critical | Read more |
11/12/2014 | Busy day for securitisation: BCBS releases its revised securitisation framework | Read more |
11/12/2014 | Today the BCBS and IOSCO release a consultative document on ‘simple, transparent and comparable’ securitisations | Read more |
10/12/2014 | ECOFIN asks for a securitisation framework to be developed by the summer 2015 | Read more |
19/11/2014 | Updated Version 8 of the PCS Rulebook, PCS Eligibility Criteria and PCS Checklist now available | Read more |
14/11/2014 | SFIG set up a task force to engage in the debate in Europe around HQS | Read more |
10/10/2014 | European Commission publishes the delegated acts for Solvency II and the LCR | Read more |
10/10/2014 | EBA launches a consultation on high quality securitisation | Read more |
02/10/2014 | ECB announces details of ABS PP | Read more |
01/10/2014 | PCS participates in a roundtable hosted by Global Capital regarding the ECB program | Read more |
01/10/2014 | Financial Times runs a long article on the proposed ECB program (PCS quoted) | Read more |
29/09/2014 | PCS breaks the €100 billion barrier | Read more |
24/09/2014 | Mario Draghi gives more details on the ABSPP at European Parliament | Read more |
15/09/2014 | Reuters article covers draft LCR rules | Read more |
10/09/2014 | Juncker gives new EU Commissioner for Financial Services, Financial Stability and the Capital Markets Union specific mission to revive HQS markets | Read more |
09/09/2014 | France and Germany to champion jointly the return of a high quality securitisation market | Read more |
09/09/2014 | Bloomberg reports reluctance of France and Germany to provide guarantees for the ECB ABSPP – PCS quoted | Read more |
04/09/2014 | ECB announces an ABS purchase program – but details to follow | Read more |
16/07/2014 | Financial Times draws attention to the low issuance volumes in securitisation | Read more |
10/07/2014 | AGEFI covers the PCS criteria update | Read more |
10/07/2014 | PCS responds to the ECB/Bank of England joint consultation | Read more |
01/07/2014 | PCS criteria changes | Read more |
16/06/2014 | Reuters reports on supportive words from the EBA and on new PCS commissioned empirical study on high quality securitisation | Read more |
12/06/2014 | PCS commissioned empirical study of HQS performance provides strong support for regulatory efforts | Read more |
30/05/2014 | Joint ECB and Bank of England report on securitisation is published | Read more |
21/05/2014 | PCS welcomes ESMA, Amundi and Freshfields | Read more |
15/04/2014 | Senior IMF official supports the ECB/BoE approach to high quality securitisation | Read more |
11/04/2014 | Joint ECB-Bank of England paper on securitisation is published | Read more |
09/04/2014 | PCS responds to the European Commission request for comments on the Liquidity Cover Ratio | Read more |
04/04/2014 | European Commission requests the advice of the EBA on “high quality securitisation” | Read more |
28/03/2014 | Following the European Commission, the Bank of England indicates its support for a revival of the securitisation market | Read more |
27/03/2014 | EU Commission publishes a communication on long-term financing: strongly supportive of high quality securitisation and harmonising regulations | Read more |
11/03/2014 | European Commission holds public hearing on LCRs – negative signalling on securitisation | Read more |
04/03/2014 | Another article in the Financial Times addressing the ECB’s desire to see securitisation return | Read more |
18/02/2014 | Financial Times articles sounds the alarm on European securitisation volumes | Read more |
12/02/2014 | The PCS Secretariat is pleased to announce that the first PCS labels have been awarded for securitisations with Spanish assets. The two transactions have Spanish corporate loans and consumer loans respectively as their underlying assets | Read more |
10/02/2014 | European Banking Authority becomes a Permanent Observer to the PCS Association | Read more |
29/01/2014 | Euroweek article: “Regulators must act on securitisation before it is too late” citing PCS as a possible solution | Read more |
28/01/2014 | Financial Times article on the European securitisation market | Read more |
27/01/2014 | The Banker writes an article entitled “securitisation still suffering capital punishment” | Read more |
27/01/2014 | Financial Times reports Draghi’s Davos comments | Read more |
27/01/2014 | Draghi calls for regulation to distinguish between good and bad securitisation to revive the market | Read more |
21/01/2014 | Global Risk Regulator publishes a good article on the current state of securitisation regulation | Read more |
21/01/2014 | Banque de France supports RMBS as a way to counter bank deleveraging | Read more |
20/01/2014 | PCS amends Checklist, Rule Book, and Eligibility Criteria for Dutch securitisations | Read more |
13/01/2014 | The Economist writes a leader in support of securitisation | Read more |
02/01/2014 | Financial Times Lex column calls for further rehabilitation of securitisation by regulators | Read more |
23/12/2013 | Three regulatory publications for Christmas…but no gold, frankincense or myrrh for securitisation. | Read more |
19/12/2013 | Basel Committee publishes its new consultative document on securitisation | Read more |
18/12/2013 | European Parliament proposes positive amendments to the draft money market funds legislation | Read more |
18/12/2013 | Two publications from the EBA on securitisation – one set of final draft technical rules and a consultation | Read more |
13/12/2013 | Financial Times publishes a letter on securitisation from AFME | Read more |
11/12/2013 | Strongest support yet from the Bank of England for a return of securitisation | Read more |
10/12/2013 | Euromoney article looking back at 2013 – PCS is quoted | Read more |
29/11/2013 | Bank of England Financial Stability Report indicates support for securitisation | Read more |
28/11/2013 | The Financial Times calls for a reduction in the “free money” programs of the ECB mentioning the securitisation markets as a prime victim | Read more |
14/11/2013 | EBRD and ING Asset Management join PCS | Read more |
13/11/2013 | In a draft report on long-term financing, the European Parliament recognises the importance of securitisation and calls for a definition of “high quality securitisation” | Read more |
06/11/2013 | Another Financial Times article indicating the return of investor appetite for European securitisation | Read more |
31/10/2013 | The key challenges for the European securitisation market as seen by PCS | Read more |
31/10/2013 | EBA’s LCR approach to ABS is coming under fire | Read more |
28/10/2013 | Timely Standard & Poor’s report entitled: “European Securitization Could Fund More Lending, If The Regulatory Stance Softens” | Read more |
25/10/2013 | Mark Carney, Governor of the Bank of England sees the Bank engaged in efforts to rebuild securitisation | Read more |
24/10/2013 | EBA presentation on LCR | Read more |
23/10/2013 | EBA has a public hearing on the LCRs. No good news for securitisation | Read more |
18/10/2013 | ECOFIN discusses proposals to use securitisation with some public money as a way to provide European SMEs with access to finance | Read more |
14/10/2013 | PCS quoted in an article in the Financial Times regarding a possible threat to the survival of the ABS markets | Read more |
14/10/2013 | PCS extends “Interim Period extension (version 4 Rule Book and Checklist for Dutch issuers only)” to 30th November 2013 | Read more |
09/10/2013 | PCS amends Checklist, Rule Book, and Eligibility Criteria – 8th October 2013 | Read more |
16/09/2013 | ECB discusses the reactivation of the European ABS market in its most recent monthly report | Read more |
12/09/2013 | PCS extends the PCS interim period to 11th October, 2013 for PCS Label applications | Read more |
12/09/2013 | The PCS Secretariat is pleased to announce that the first PCS label has been awarded for a securitisation with Italian assets. The transaction has Italian residential mortgage loans as its underlying assets. | Read more |
10/09/2013 | ECB confirms that it will no longer accept as repo collateral RMBS and SME ABS that do not comply with the loan by loan disclosure requirements. | Read more |
04/09/2013 | European Commission releases draft new rules for money market funds | Read more |
22/08/2013 | PCS extends the PCS interim period to 11th September, 2013 for PCS Label applications | Read more |
22/08/2013 | PCS extends the PCS interim period to 11th September, 2013 for PCS Label applications | Read more |
30/07/2013 | APG and Robeco join PCS Europe as members | Read more |
19/07/2013 | Ian Bell, Head of the PCS Secretariat, has an article published in Financial World on the state of the European securitisation market | Read more |
18/07/2013 | ECB announces a reduction of the haircuts for certain ABS in its collateral rules | Read more |
17/07/2013 | Another positive intervention on securitisation, coming this time from the Italian Finance Minister Fabrizio Saccomanni | Read more |
15/07/2013 | Mario Draghi, in his presentation to the European Parliament, explicitly supports the return of the securitisation market through making a distinction between high quality securitisation and others | Read more |
15/07/2013 | The European Investment Bank has invited PCS to chair a technical working group on the issue of how better data collection and distribution could assist the revival of a strong SME securitisation in Europe | Read more |
05/07/2013 | PCS files its response to the European Commission’s Green Paper on Long-Term Finance. The paper very much seeks to focus on clear and actionable plans to help securitisation and particularly to harness the public sector to revive the SME securitisation market | Read more |
21/06/2013 | Emil Paulis, from the European Commission, gives a keynote speech supporting quality securitisation and explicitly refers to PCS as a positive development | Read more |
03/06/2013 | First UK Master Trust PCS labelled transactions | Read more |
30/05/2013 | PCS responds to EIOPA’s consultative document on a possible re-assessment of the proposed capital requirements for the securitisation holdings of insurers | Read more |
24/05/2013 | PCS amends checklist, Rule Book and Eligibility Criteria | Read more |
20/05/2013 | EBA launches a consultation on large exposures and proposes to change the treatment of securitisation | Read more |
17/05/2013 | Will Howard Davies of PIMCO joins PCS Market Committee | Read more |
15/05/2013 | PCS updates securitisation default table | Read more |
09/05/2013 | The Irish Debt Securities Association becomes a PCS Permanent Observer | Read more |
03/05/2013 | WSJ Article on Draghi announcement, quoting PCS | Read more |
03/05/2013 | Mario Draghi announces the start of a consultation on “initiatives to promote a functioning market for asset-backed securities collateralised by loans to non-financial corporations” | Read more |
29/04/2013 | Financial Times article on the problems of increasing lending to European borrowers – it mentions PCS as part of the efforts to revitalise the securitisation market | Read more |
22/04/2013 | Yves Mersch, of the ECB, gives an interview to Il Sole. He specifically focuses on the issue of upcoming regulations of ABS as a reason for the failure of the market to return | Read more |
16/04/2013 | Reuters article on the debates taking place around securitisation in policy and regulatory circles – PCS mentioned | Read more |
12/04/2013 | Benoît Coeuré , Member of the Executive Board of the ECB makes a positive reference to securitisation and to PCS | Read more |
12/04/2013 | Irish Department of Finance publishes a report on the non-bank funding of growth and jobs in Europe. PCS is explicitly described as “as step in the right direction” | Read more |
02/04/2013 | Fitch publishes a report on Basel III proposals for securitisation – “Capital Requirement Proposals Diverge from Structured Finance Performance” | Read more |
25/03/2013 | European Commission publishes a Green Paper on long-term financing of the European economy – securitisation is mentioned as one of the financial channels that could unlock additional long-term funding | Read more |
25/03/2013 | PCS White Paper quoted in the Financial Times | Read more |
22/03/2013 | PCS amends checklist, Rule Book and Eligibility Criteria | Read more |
19/03/2013 | PCS submits its response to the Basel Committee on its consultation on a new securitisation framework | Read more |
18/03/2013 | PCS publishes White Paper on bank deleveraging and the need to bridge the European funding gap | Read more |
26/02/2013 | Financial News article links European Data Warehouse and PCS in the move to high quality securitisation | Read more |
26/02/2013 | EBA publishes a consultation paper on the definition of liquid assets for the Liquidity Coverage Ratio | Read more |
21/01/2013 | PCS amends some of the Eligibility Criteria | Read more |
15/01/2013 | PCS files a response to the Financial Stability Board’s Consultative Document on Shadow Banking | Read more |
17/12/2012 | PCS User Guide Roadshow Presentation | Read more |
28/11/2012 | PCS awards its first ever label | Read more |
27/11/2012 | PCS announces save the date(s)/time(s) for PCS User Guide Roadshows | Read more |
16/11/2012 | Chairman of the BNP Paribas Board expresses his support for PCS in a speech to the Autorite des Marche Financiers | Read more |
14/11/2012 | PCS Board announcements | Read more |
12/06/2012 | PCS launch | Read more |
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