This consultation report presents the preliminary results of, and seeks comments on, the evaluation of the effects of the G20 financial regulatory reforms on securitisation that have been implemented to date. 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 mortgagebacked securities (RMBS) market segments. The FSB will continue its analysis of the reforms, including through empirical work, and expects to publish the final report at the end of 2024.
The FSB invites comments on this consultation report and the questions set out below. Responses should be submitted via this secure online form by Monday 2 September 2024.
For questions, please contact the FSB ([email protected]).
Responses will be published on the FSB’s website unless respondents expressly request otherwise.
