France's Ministry of Economy, Finance and Industrial and Digital Sovereignty, Banque de France, the Prudential Supervision and Resolution Authority (ACPR), and France's Financial Markets Authority (AMF) published a joint response to the European Commission’s consultation on how the EU securitisation regulatory framework is functioning, advocating an ambitious review to help revive the European securitisation market. The response supports concrete measures to simplify the framework and adjust requirements, including prudential and operational obligations, while making these proposals conditional on preserving strong safeguards and adequate transparency to maintain a high level of safety and support financial system resilience. The authorities frame a well regulated and supervised securitisation market as a channel for financing the European economy, including the green and digital transitions.
France Autorite des marches financiers 2025-02-24
France's Financial Markets Authority and other French authorities submit joint response calling for simplification of the EU securitisation framework
France's Ministry of Economy, Finance and Industrial and Digital Sovereignty, Banque de France, the Prudential Supervision and Resolution Authority, and France's Financial Markets Authority have jointly responded to the European Commission’s consultation on the EU securitisation regulatory framework. They advocate for simplifying the framework and adjusting requirements, while ensuring strong safeguards and transparency. The authorities see a well-regulated securitisation market as crucial for financing the European economy, including green and digital transitions.