STS: Difference between revisions
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STS is an abbreviation for "simple, transparent and standardised" securitisations, that are regulated more lightly than other securitisations. | STS is an abbreviation for "simple, transparent and standardised" securitisations, that are regulated more lightly than other securitisations. | ||
:<span style="color:#4B0082">'''''Capital charges for STS are excessive'''''</span> | |||
:"In September 2024, Draghi recommended changes to revitalise EU securitisation and CMU [including]: | |||
: • a cut in current STS capital charges that exceed corresponding actual risks – a bone of contention shared with PCS, which says the growth of EU securitisation is being held back not by the high standards of the STS (simple, transparent and standardised) regime, but by insufficient capital relief for the STS transactions..." | |||
:''Mario Draghi, former president of the European Central Bank - quoted in The Treasurer - Issue 4 of 2024, p18.'' | |||
== See also == | == See also == | ||
* [[Capital adequacy]] | |||
* [[Capital charge]] | |||
* [[Capital markets union]] (CMU) | |||
* [[Capital relief]] | |||
* [[European Central Bank]] (ECB) | |||
* [[European Union]] | |||
* [[Prime Collateralised Securities]] (PCS) | |||
* [[Regime]] | |||
* [[Regulation]] | |||
* [[Securitisation]] | * [[Securitisation]] | ||
* [[Securitisation Regulation]] | * [[Securitisation Regulation]] | ||
* [[Security]] | * [[Security]] | ||
* [[Transaction]] | |||
* [[Transparent]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Financial_products_and_markets]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 10:13, 28 December 2024
Securitisation Regulation - European Union (EU).
STS is an abbreviation for "simple, transparent and standardised" securitisations, that are regulated more lightly than other securitisations.
- Capital charges for STS are excessive
- "In September 2024, Draghi recommended changes to revitalise EU securitisation and CMU [including]:
- • a cut in current STS capital charges that exceed corresponding actual risks – a bone of contention shared with PCS, which says the growth of EU securitisation is being held back not by the high standards of the STS (simple, transparent and standardised) regime, but by insufficient capital relief for the STS transactions..."
- Mario Draghi, former president of the European Central Bank - quoted in The Treasurer - Issue 4 of 2024, p18.
