EBA Consultation Paper Raises Concerns for CLOs

May 23, 2013

The European Banking Authority (EBA) published a consultation paper on draft technical standards relating to the implementation of CRD IV on 22 May 2013. The consultation paper can be found here.

Of particular concern to participants in the CLO market are the provisions on the risk retention requirements originally set out in Article 122a of CRD II (Directive 2006/48/EC), now Articles 394-399 of the Capital Requirements Regulation (CRR).

Read “EBA Consultation Paper Raises Concerns for CLOs“.