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Attachment Points in Focus: Insights from EDW Data

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Attachment Points in Focus: Insights from EDW Data The recent proposal by the EU Commission to reform the EU securitisation framework introduced the concept of ‘resilient’ securitisation positions. Resilient securitisation positions are senior positions with a robust loss absorbing capacity for the senior positions. The proposal mentions attachment points as a possible eligibility criterion to … Continued

Key Insights from a Market in Transition: EDW & LSEG Yield Book Hold Third Annual UK Securitisation Summit

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Key Insights from a Market in Transition: EDW & LSEG Yield Book Hold Third Annual UK Securitisation Summit EDW & LSEG were pleased to welcome industry leaders, investors, issuers, and advisors to London Stock Exchange for this year’s UK Securitisation Summit for an afternoon of forward-looking discussion, expert analysis, and high-value networking. Against a backdrop … Continued

5 Benefits of Using a Securitisation Repository for Private Securitisations

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Structured Silence: The Case for Talking About Private Securitisations PRIVATE, BUT NOT UNSTRUCTURED Whilst private securitisations are still exempt from many of the regulatory transparency requirements that apply to public transactions, there is a growing trend amongst issuers to disseminate transaction and other relevant deal documentation to investors in a structured format via a securitisation … Continued

Green Auto Securitisation Advocates Specific Measures for the Reduction of Vehicle Emissions

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Green Auto Securitisation Advocates Specific Measures for the Reduction of Vehicle Emissions The Green Auto Securitisation (GAS) initiative welcomes President Ursula von der Leyen’s recent statement on the Strategic Dialogue on the Future of the Automotive Industry. The statement takes a balanced approach to clean mobility while maintaining regulatory stability and competitiveness. A key proposal … Continued

Leveraging CDR Indices for Benchmarking Purposes

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Leveraging CDR Indices For Benchmarking Purposes The Constant Default Rate (CDR), the annualised periodic default rate of a securitisation, is a typical input in ABS cash flow models. Cash flow model users may need a CDR Index to conduct plausibility checks and compare CDR assumptions vs actual observed CDRs. CDRs ARE AVAILABLE IN ESMA-FORMAT INVESTOR … Continued

Promising Developments in EU Sustainable Finance Market

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EuGBS Provisional Agreement Reached and ESAs-ECB Call for Enhanced Disclosure on Climate Change for Structured Finance Products As sustainable finance gains importance in the EU, policy makers are working tirelessly to establish standards and frameworks that will stimulate green investments and reduce the risks associated with greenwashing. On 28 February 2023, the trilogue negotiations between … Continued

EDW Time Series Now Covers Ten Years

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EDW Time Series Now Covers Ten Years Over the last ten years, European DataWarehouse has collected, verified and provided data for almost all European public securitisations. As of 2022-Q4, the outstanding amount of public ABS loans reported to our database stood close to EUR 800 billion. Our Data Availability Report (an Excel document) contains an … Continued

EBA Seeks Input From Credit Institutions on Green Loans and Mortgages

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EBA Seeks Input From Credit Institutions on Green Loans and Mortgages On 13 February 2023, the European Banking Authority (EBA) launched an industry survey to receive input from credit institutions on their green loans and mortgages as well as market practices related to these loans. The survey is targeted at credit institutions and aims to … Continued