ECB calls for lighter treatment of high-quality ABS

Bank of England and ECB to promote coherent approach to ABS regulation

Rowing crew from above
ECB and BoE pull together to promote better regulatory treatment of ABS

The European Central Bank (ECB) and Bank of England (BoE) will present a joint statement at the spring meeting of the International Monetary Fund and World Bank calling for coherence across financial sectors, in particular concerning the unfavourable regulatory treatment of high-quality securitisation instruments. The call for a more understanding treatment of high-quality securitisation vehicles, specifically asset-backed securities related to the small and medium-sized business (SME) sector

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