Australian securitisers avert disaster in EU regulatory overhaul

Australian securitisers avert disaster in EU regulatory overhaul

Australian securitisers avert disaster in EU regulatory overhaul

Apr 07 2021
The outcome of new EU securitisation regulations that passed into law on 25 March is more positive for Australian issuers than was feared when the changes were first proposed, intermediaries say. Some challenges remain, but it now seems likely that the worst-case scenario – European investors being effectively precluded from participation in Australian-origin transactions – has been averted.

The potential impact of the initial legislation draft could even have prevented European banks from providing warehouse funding to Australian entities while the participation of European investors in public transactions seemed likely to be significantly curtailed.

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