Brussels, 21/06/2016 (Agence Europe) - The first exchange of views on the draft report by MEP Paul Tang (S&D, Netherlands) on a proposed regulation of the Commission aiming to revitalise the European securitisation market showed a division between the political groups over the issue of risk retention.
Tang's draft report increases the risk retention requirement from 5% to 20%, as recommended by the NGO Finance Watch. The shadow rapporteurs of the GUE/NGL and Greens/EFA groups welcomed this...