Securitisation Regulation
The Law and Lore of Repackaging
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REGULATION (EU) 2017/2402 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, better known as the Securitisation Regulation, is the European Union’s rules on asset-backed finance. Important if you are a sponsor and therefore have to retain risk to a portion of the bottom tranche of whatever you are securitising.
See also
- The text of the Securitisation Regulation
- Risk retention rules for US securitisation.