Several EU Technical Standards supplementing the EU Securitization Regulation have been published in the Official Journal of the European Union. The Securitization Regulation has applied directly across the EU since January 1, 2019. It provides the criteria for identifying which securitizations will be designated as "simple, transparent and standardized" (STS) securitizations, a system to monitor the application of those criteria as well as common requirements on risk retention, due diligence and disclosure. Related amendments to the EU Capital Requirements Regulation set out the regulatory treatment of exposures to securitizations that are deemed to be STS securitizations.
The following Technical Standards have been published:
Each of the TS will enter into force on September 23, 2020.
View Commission Implementing Regulation (EU) 2020/1227.
View Commission Delegated Regulation (EU) 2020/1226.
View Commission Implementing Regulation (EU) 2020/1225.
View Commission Implementing Regulation (EU) 2020/1228.
View Commission Delegated Regulation (EU) 2020/1229.
View Commission Delegated Regulation (EU) 2020/1230.
View Commission Delegated Regulation (EU) 2020/1224.
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