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EU financial sector to see next step on securitization review by summer

By Helena Freitas ( January 15, 2025, 11:54 GMT | Insight) -- The next step on the review of the EU’s securitization framework will be unveiled before summer — and will amend the existing rules, rather than being a new piece of legislation — European Commission official Presiyan Petkov said at a conference yesterday. The mindset with which the EU executive is approaching the revamp of securitization rules is that they shouldn’t be a barrier to banks wishing to use this instrument.The EU’s next step on the review of the securitization framework will be unveiled before summer and will amend the existing rules rather than being a new piece of legislation, the European Commission has said....

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