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EU legal sources
Primary law, delegated and implementing acts — the authoritative text of the Securitisation Regulation and related measures.
- EUR-Lex — Regulation (EU) 2017/2402 The consolidated text of the Securitisation Regulation, with links to amending acts and implementing measures.
- EUR-Lex — recent legislation Entry point for newly adopted EU legislation, delegated regulations and implementing acts.
- EUR-Lex — Capital Requirements Regulation (CRR) The CRR contains the regulatory capital treatment of securitisation positions and the significant risk transfer framework.
European supervisory authorities
The three ESAs produce the Level 2 drafts, Level 3 guidelines and the Q&A process that shapes day-to-day application.
- European Banking Authority (EBA) RTS/ITS drafts, guidelines and technical work on risk retention, STS criteria, homogeneity and significant risk transfer.
- EBA — Securitisation & covered bonds Direct link to the EBA's securitisation policy workstream.
- European Securities and Markets Authority (ESMA) Disclosure templates, securitisation repositories and the Q&A process on investor reporting and transparency.
- ESMA — Securitisation Central landing page for ESMA's securitisation-related work.
- European Insurance and Occupational Pensions Authority (EIOPA) Securitisation touchpoints for (re)insurers — Solvency II treatment and cross-sectoral coordination via the Joint Committee.
European Central Bank
Eurosystem collateral eligibility and the ABS-related parts of the ECB's asset purchase programmes are not part of the Securitisation Regulation — but they are commercially central for issuers and arrangers.
- ECB — Collateral framework Eligibility rules for the Eurosystem's monetary-policy operations, including the specific requirements for asset-backed securities.
- ECB — Loan-level data (European DataWarehouse) The loan-level disclosure regime that underpins ABS eligibility for Eurosystem collateral purposes.
German authorities
Implementation and day-to-day supervision in Germany — BaFin circulars and Bundesbank statistics are a standard part of the analysis for German-law transactions.
- BaFin (English portal) German Federal Financial Supervisory Authority — circulars, consultation papers and supervisory communications.
- BaFin — Securitisation Entry point for BaFin's securitisation supervisory practice.
- Deutsche Bundesbank Collateral policy in the German part of the Eurosystem, statistics and financial-stability publications relevant for securitisation.
- Gesetze im Internet Official portal for German federal laws — including the Kreditwesengesetz (KWG) and the Schuldverschreibungsgesetz (SchVG).
Policy & market context
Useful companions for understanding the broader policy debate on reviving the European securitisation market.
- European Commission — Capital Markets Union The Commission's landing page for the Capital Markets Union action plans.
- European Commission — Sustainable Finance EU Taxonomy, SFDR, European Green Bond Standard and related sustainable-finance initiatives.