Brussels, 09/07/2015 (Agence Europe) - On Tuesday 7 July, the European Banking Authority (EBA) presented recommendations on revitalising the markets for securitised financial products, a priority area of the Capital Markets Union (CMU) project (see EUROPE 11354).
The EBA calls for a “systemic detailed review of the entire regulatory framework” for the technique of securitisation, which allows banks to free up their balance sheets - and therefore their capital requirements - by...