MEPs seek solution to STS securitisation stalemate
Rapporteur circulates compromise plan after three large parties reject 20% risk-retention rate
Members of the European Parliament (MEPs) on the Committee on Economic and Monetary Affairs (Econ) are seeking a compromise to head off a looming stalemate on risk-retention requirements in proposals to establish a framework for simple, transparent and standardised (STS) securitisations in the European Union.
"We know there are important differences between the political groups on the retention rate. The rates range from 5% on the one hand to 25% on the other hand. We are now discussing how we
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