European Commission Publishes Final Regulatory Technical Standards on Risk Retention
March 14, 2014
The European Commission published the final regulatory technical standards on 13 March 2014 specifying the requirements for investor, sponsor, original lenders and originator institutions relating to exposures to transferred credit risk under Articles 404-410 of the Capital Requirements Regulation (CRR). The final regulatory technical standards (Final RTS) can be found here.
While the European Commission have made a number of changes from the text of the draft regulatory technical standards published by the European Banking Authority on 22 May 2013 (Draft RTS), the majority of the changes are cosmetic, including condensing the draft text, clarifying the language and correcting typos. The substance remains mostly unchanged.
Read "European Commission Publishes Final Regulatory Technical Standards on Risk Retention"