Discussion Paper on simple standard and transparent securitisations

While the EBA carries on with its work to determine the conditions to identify simple, standard and transparent products within the securitisation market, the proposed Technical Advice means at laying down the preliminary views on defining the three pillars: simplicity, standardisation and transparency. These, together with criteria on the credit quality of the securitised assets, should shape a new class of securitisation products that are prudentially sound and may hence become subject to specific regulatory recognition.