On January 1, 2019 a new framework for European securitisations will take effect. Two Regulations, which came into force on January 17, 2018, will apply:
- Regulation (EU) 2017/2402 (the Securitisation Regulation)
- Regulation (EU) 2017/2401 (the Securitisation Prudential Regulation, or SPR).
Together, this legislative package represents a major milestone in the EU’s Capital Markets Union (CMU) reform agenda. What next? To help you prepare for the deadline, the ten most important points are examined in detail, below.