EU Securitisation Regulation: European Commission proposes amendments

The European Commission has published its legislative proposals for targeted amendments to the EU Securitisation Regulation (“EUSR”) and accompanying amendments to the securitisation aspects of the Capital Requirements Regulation (“CRR”), which take into account several supervisory assessments of the functioning of the EUSR since its introduction in 2019, as well as industry feedback to its recent Targeted Consultation and Call for Evidence on the EUSR.

In this briefing note, we explore the most significant changes proposed by the Commission and consider their impact.