On Monday 13 October, MEPs on the European Parliament’s Committee on Economic and Financial Affairs (ECON) debated a revision of the regulatory framework for securitisation in the EU, proposed by the European Commission in June to deepen the Capital Markets Union (CMU) (see EUROPE B13661A26).
The EU institution is proposing to adapt the rules stemming from the 2008 financial crisis in order to stimulate this still small market in Europe, and to mobilise more private financial resources...