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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
  Following a workshop organised under the auspices of the European Investment Bank and chaired by Wilhelm Molterer, Vice President […]
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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
PCS files its response to the European Commission's Green Paper on Long-Term Finance.  The paper very much seeks to focus […]
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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
Emil Paulis, from the European Commission gave a keynote speech at the Global ABS conference in Brussels this week.  He […]
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03/06/2013
First UK Master Trust PCS labelled transactions
PCS is pleased to announce that the first PCS label has been awarded for a UK Master Trust transaction. The […]
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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
PCS has submitted a response to EIOPA's consultative document on a possible re-assessment of the proposed capital requirements for, inter alia, […]
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24/05/2013
PCS amends checklist, Rule Book and Eligibility Criteria
Following the recent PCS Europe Board meeting, a number of amendments have been made to the PCS Rule Book and in […]
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20/05/2013
EBA launches a consultation on large exposures and proposes to change the treatment of securitisation
EBA last Friday launched an consultation paper entitled  "EBA consultation on draft Technical Standards to determine the overall exposure to a […]
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17/05/2013
Will Howard Davies of PIMCO joins PCS Market Committee
PCS is delighted to announce that Will Howard Davies of PIMCO has agreed to serve on the PCS Market Committee. […]
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15/05/2013
PCS updates securitisation default table
PCS would like to thank Standard & Poor's for providing it with an update to its securitisation default table.  Six […]
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09/05/2013
The Irish Debt Securities Association becomes a PCS Permanent Observer
At the General Meeting of the PCS Association, the Irish Debt Securities Association ("IDSA") was elected as a Permanent Observer. […]
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03/05/2013
WSJ Article on Draghi announcement, quoting PCS
Following Mario Draghi's announcement of a consultation on assisting in the revival of the ABS market, the WSJ publishes an […]
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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"
In a press conference held on May 2nd in Bratislava, Mario Draghi, President of the ECB, announced a consultation with other […]
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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
In an article by John Authers, the Financial Times examines the problems of channeling lending to European borrowers and especially […]
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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
In an interview given last week to the Italian newspaper Il Sole 24 Ore, Yves Mersch, a member of the […]
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16/04/2013
Reuters article on the debates taking place around securitisation in policy and regulatory circles - PCS mentioned
In a recent article (which can be found here), Reuters addresses some of the debates that are taking place in the […]
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12/04/2013
Benoît Coeuré , Member of the Executive Board of the ECB makes a positive reference to securitisation and to PCS
Benoît Coeuré, Member of the Executive Board of the ECB, gave a speech in Dublin on April 11th on  "Challenges […]
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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"
In the context of the Irish Presidency of the Council of the European Union, the Irish Department of Finance has […]
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02/04/2013
Fitch publishes a report on Basel III proposals for securitisation - "Capital Requirement Proposals Diverge from Structured Finance Performance"
Fitch Ratings has published a report on the Basel III proposals for securitisation. The full report can be found here. A […]
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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
Today, 25th March 2013, the European Commission publishes its Green Paper on the long-term financing of the European economy. The […]
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25/03/2013
PCS White Paper quoted in the Financial Times
  In an article published on 18th March, the Financial Times quoted from the PCS White Paper regarding the potential […]
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22/03/2013
PCS amends checklist, Rule Book and Eligibility Criteria
Following the recent PCS market committee and PCS Europe Board meetings, a number of amendments have been made to the PCS […]
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19/03/2013
PCS submits its response to the Basel Committee on its consultation on a new securitisation framework
On Friday 15th March, PCS filed its response to the Basel Committee's consultation on a new securitisation framework (click here […]
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18/03/2013
PCS publishes White Paper on bank deleveraging and the need to bridge the European funding gap
  Today, the Prime Collateralised Securities initiative is publishing a White Paper on the likely impact on Europe of bank deleveraging […]
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26/02/2013
Financial News article links European Data Warehouse and PCS in the move to high quality securitisation
In its recent article, Financial News covers the European Data Warehouse and links it with PCS as another initiative designed […]
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26/02/2013
EBA publishes a consultation paper on the definition of liquid assets for the Liquidity Coverage Ratio
  The European Banking Authority is required to provide advice to the European Commission on the types of assets that […]
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21/01/2013
PCS amends some of the Eligibility Criteria
Based on the experience of the first label, PCS had made a small number of amendments to the Eligibility Criteria. […]
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15/01/2013
PCS files a response to the Financial Stability Board's Consultative Document on Shadow Banking
PCS has filed a response to the FSB's consultation on Shadow Banking which can be found here.  Generally welcoming the FSB's approach, […]
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17/12/2012
PCS User Guide Roadshow Presentation
The PCS User Guide Roadshow was held in London, Frankfurt, Amsterdam and Paris and also by Webinar from 10th to 13th December. […]
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28/11/2012
PCS awards its first ever label
Today, November 28th, PCS awarded its first ever label. The label was awarded to Bilkreditt 3, an auto loan transaction […]
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27/11/2012
PCS announces save the date(s)/time(s) for PCS User Guide Roadshows
Please find below "Save the Date(s)" details for the PCS User Guide Roadshow, the details of which are as follows: […]
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