Final rules on securitisation due by year-end, EBA says

European issuers forced to work with incomplete legislation for another six months at least

La Defense - Paris - Getty
The EBA is now located in La Defense district of Paris

A senior official at the European Banking Authority expects that a series of rules critical to understanding new requirements for securitisations will be adopted by the European Commission in July and finalised by the end of the year.

“The good news is that by July you will see all of the big missing pieces,” said Christian Moor, principal policy officer at the EBA, speaking at an industry conference on June 11. “The bad news is that it is still not actual legislation. It will be adopted by the

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