Draft RTS on the calculation of the exposure value of SES.pdf
Draft RTS on the determination by originator institutions of the exposure value of SES in securitisations
Draft RTS on the determination by originator institutions of the exposure value of SES in securitisations
The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying the determination by originator institutions of the exposure value of synthetic excess spread (SES). These draft RTS clarify the calculation of the components that should be included in this exposure value taking into account the relevant losses expected to be covered by SES.
The European Banking Authority (EBA) launched today a public consultation on its draft Guidelines on the criteria related to simplicity, standardisation and transparency and additional specific criteria for on-balance-sheet securitisations (so-called STS criteria). These Guidelines will ensure a harmonised interpretation of these STS criteria, in alignment with the EBA Guidelines for traditional securitisations. The consultation runs until 7 July 2023.
Consultation paper on draft Guidelines on the STS criteria for on-balance-sheet securitisations