14 Feb, 2024 EU-niversal due diligence: the saga continues By Richard Fletcher Ryan Moore Jack Lewis ESMA gave the securitisation industry an early Christmas present on 21 December 2023 by publishing a consultation paper, Consultation on...
09 Oct, 2023 Penalising default interest: a spotlight on the bridging loan market By Adam Caines Christian Anthony Rachael Preston Katherine Hensby +1 more... Show less Earlier this year, the High Court ruled that a clause in a loan agreement which imposed a default interest rate of 4% per month...
12 Jan, 2022 UK Securitisation Regulation – FCA approves first two securitisation repositories By Edward Karsten Richard Fletcher With effect from 17 January 2022, the Financial Conduct Authority (FCA) has decided to register both European DataWarehouse Ltd and...
26 Jul, 2021 European Commission consults on EU securitisation framework By Richard Fletcher Edward Karsten The European Commission has launched a consultation on the EU securitisation framework. The consultation covers the following issues: the...
09 Jul, 2021 Securitisation – EBA consults on risk retention and HMT consults on the UK Sec Reg By Edward Karsten Richard Fletcher EBA consults on risk retention The European Banking Authority (EBA) has launched a consultation on draft regulatory technical standards...
16 Nov, 2020 Accelerating the shift to private credit By Rachel Richardson Over the last decade, market participants have observed direct lenders quietly taking market share from traditional bank lenders. As...
03 Nov, 2020 A "second wave" of Coronavirus amendments following new FCA guidance? By Adam Caines New FCA guidance Following the announcement of a second national lockdown, the FCA has announced a reprise of the payment deferral...
28 Jul, 2020 Securitisation Regulation - STS and NPE amendments By Richard Fletcher On 24 July 2020, the European Commission published a legislative proposal for a regulation to amend the Securitisation Regulation (the SR...
14 Jul, 2020 ESMA publishes final report on securitisation repository data guidelines By Richard Fletcher Edward Karsten Kartik Iyer In January 2020, we discussed ESMA’s publication of a consultation paper on securitisation data submissions pursuant to Article 4(2)(d)...
12 May, 2020 STS synthetic securitisations – EBA final report By Richard Fletcher On 6 May 2020, the EBA published its final report (the Final Report) on an STS framework for synthetic securitisation under Article 45 Of...
23 Jan, 2020 ESMA consults on securitisation repository data guidelines By Kartik Iyer Richard Fletcher Pursuant to Article 4(2)(d) of the draft Commission Delegated Regulation supplementing Regulation (EU) 2017/2402, securitisation...
08 Feb, 2019 A spate of developments but new securitisation disclosure requirements still lack clarity By Richard Fletcher Background On 1 January 2019, a new framework for European securitisations took effect under the EU Securitisation Regulation. As part of...