Luxembourg, 11/09/2015 (Agence Europe) - The draft legislation expected at the end of September to breathe new life into the market for simple and transparent securitised financial products will be three-pronged, based on making securities issuers responsible, close supervision and firm penalties.
EU Financial Services Commissioner Jonathan Hill said that he would be unveiling a three-pronged approach combining responsibility on the part of issuers and investors, closer supervision by...