On Tuesday 2 July, the European Economic and Social Committee organised a public hearing on the issue of reviving securitisation, as advocated by a number of European players as a way of making progress on Capital Markets Union (see EUROPE B13394A1).
According to Francesco Tuzi, an expert at the European Commission’s Directorate-General for Financial Stability, Financial Services and Markets (‘DG FISMA’), “the main message [on this revival] is clear to everyone, but the contours...