FIN.

Prudential requirements for credit institutions and investment firms

The European Commission (Commission) has announced that it will vote on a proposal to amend the existing Capital Requirements Regulation (CRR) during the October II plenary session.

The Commission said that the new framework for ‘simple, transparent, and standardised’ (STS) securitisations has implications for the overall prudential framework for credit institutions and investment firms.

The proposal to amend the CRR aims to adjust risk retention profiles to reflect  the specific features of STS securitisations.

FIN. Team