Brussels, 10/12/2014 (Agence Europe) - EU finance ministers want the European Commission to unveil draft legislation by the summer of 2015 to revive the market for 'simple and transparent' covered products.
In a conclusions document published on Tuesday 9 December, the Ecofin Council recognised the necessity to make it easier for a well-regulated securitisation market to emerge that would encourage the financing of SMEs by spreading the lending risk over the financial markets. Welcoming a...