Securitisation and Regulation News

EBA - Final Reports with STS Criteria Guidelines for non-ABCP and ABCP

The European Banking Authority (EBA) has published its final reports this week with the guidelines on the STS criteria for both non-ABCP and ABCP.

Reading the report, a number of changes are noticeable that will certainly support a clearer interpretation and application of the criteria.

According to the EBA, these guidelines only apply from 15 May 2019 and do not have any formally binding effect (see Recital 13), but they should be taken into account as soon as the new securitisation regulation becomes applicable from 1 January 2019.

To the EBA website