EBA publishes final guidelines on significant credit risk transfer for securitisation transactions

07 July 2014

These Guidelines will support both originator institutions and competent authorities in the assessment of significant risk transfer for securitisation transactions. These Guidelines will ensure harmonised assessment and treatment of significant risk transfer across all EU Member States.

The EBA recognizes that securitisation in a well-defined prudential framework is beneficial to banks and is a key funding tool for the real economy. Furthermore, it is a useful tool to achieve credit risk transfer and risk-sharing in the financial system and to support the current deleveraging and de-risking process of EU banks without inducing an excessive contraction in the real economy.

The Guidelines aim at ensuring a more consist approach in the assessment of significant risk transfer (SRT) across the EU and at achieving a level playing field in this area. The Guidelines include:

The EBA will provide advice to the European Commission by 31 December 2017 on whether a binding technical standard is required on SRT.

Press release

Guidelines


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