The success of the securitisation reform will ultimately depend on its ability to attract investment and mobilise capital for Europe’s economy. However, the proposed sanction regime does the opposite, discouraging investors and adding duplicative administrative burdens for EU asset managers. We urge the European Council and Parliament to find a workable solution for the industry that can broaden investor participation and support the growth of the EU securitisation market.
(Federico Cupelli, Deputy Director of Regulatory Policy at EFAMA)

Europe cannot ask investors to provide the capital needed to support growth, competitiveness and strategic priorities while simultaneously introducing duplicative and disproportionate penalties that may deter participation. As securitisation trilogue negotiations conclude, policymakers should ensure these reforms establish a risk sensitive framework that supports the objectives of broadening the investor base and deepening European capital markets.
(Shaun Baddeley, Managing Director of Securitisation at AFME)