The European Parliament’s Committee on Economic and Monetary Affairs (ECON) was called upon to vote on Monday 9 and Tuesday 10 November on the adjustments to the European framework on securitisation proposed by the Commission in July to support the post-Covid-19 economic recovery (see EUROPE B12535A11).
Both legislative proposals are designed to facilitate the use of securitisation – an instrument that allows banks to pool loans, convert them into securities and sell them in the...