>> European savings, retail trade body welcomes EBA proposal
>> Authority paper finally corrects “one-size-fits-all” issue
BRUSSELS, 15 January 2015 – ESBG welcomes the EBA proposal for simple standard and transparent securitisations as ESBG considers that the paper finally corrects the "one-size-fits-all" shortage of the current regulatory approach and the proposed revisions to the securitisation framework.
ESBG is highly satisfied that the existing CRR capital requirements are used as a basis instead of those proposed in the revision from December 2013.
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