Summary of document history
On 22 August 2024 the FSB hosted a virtual workshop as part of the consultation process for its evaluation of the effects of the G20 financial regulatory reforms on securitisation.
The workshop discussed the preliminary findings of the FSB’s evaluation of the effects of the G20 financial regulatory reforms on securitisation. The evaluation focuses:
- in terms of reforms, on the International Organization of Securities Commissions (IOSCO) minimum retention recommendations and the Basel Committee on Banking Supervision (BCBS) revisions to prudential requirements for banks’ securitisation-related exposures; and
- in terms of scope, on the collateralised debt/loan obligation (CDO/CLO) and the non-government-guaranteed part of the residential mortgage-backed securities (RMBS) market segments.
- The workshop included a presentation by the evaluation group chair and discussions by a range of industry and academic stakeholders on the analysis and preliminary findings of the evaluation.
The workshop and other feedback submitted to the consultation report will input to the final evaluation report due for publication by end-2024.