trending Market Intelligence /marketintelligence/en/news-insights/trending/GTGMgOL5MTxa91PY0H44LQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

EU Council, European Parliament reach deal on securitization

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


EU Council, European Parliament reach deal on securitization

The Presidency of the Council of the EU, currently held by Malta, reached an agreement with representatives of the European Parliament on proposals aimed at facilitating the development of a securitization market in Europe.

Securitization refers to the process in which a lender refinances a set of loans by converting them into securities and dividing the repackaged loans into different risk categories. A framework for securitization is one of the main elements of the EU's plan to develop a fully functioning capital markets union by 2019-end.

The agreement covers two draft regulations. One sets rules on securitizations and establishes criteria to define "simple, transparent and standardized" securitization, while the other amends regulations on banks' capital requirements.

The negotiators agreed on a 5% risk retention requirement, or the interest in the securitization that loan originators need to retain themselves, as well as on the creation of a data repository system for securitization transactions to increase market transparency, and a light-touch authorization process for third parties that assist in verifying compliance with requirements for simple, transparent and standardized securitizations.

The agreement will be submitted to EU ambassadors for endorsement on behalf of the council. Both the council and the European Parliament will then be called on to adopt the proposed regulation at first reading.

"This initiative will encourage financial market integration in Europe and make it easier to lend to households and businesses," said Maltese Finance Minister Edward Scicluna.