On January 17, 2018 two long-awaited Regulations entered into force, establishing a new framework for European securitisations:
- Regulation (EU) 2017/2402 (the STS 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 January 1, 2019 deadline, the ten most important points are examined in detail, below.