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

Following a workshop organised under the auspices of the European Investment Bank and chaired by Wilhelm Molterer, Vice President in charge of Cohesion, PCS has agreed to chair a new technical working group. The aim of the group is to see how the financing of SMEs in Europe through securitisation could be assisted by better data collection and distribution. The group will look at, amongst other topics, cross-European standardisation of SME data as well as the possibility of some form of scoring system. The technical working group's report is expected in autumn.