Posts Tagged ‘ European Commission ’

Swedes critical of covered harmonisation, Danes in warning

Jan 8th, 2016
Drapeaux européens devant le Berlaymont

The Association of Swedish Covered Bond issuers (ASCB) has criticised the proposition that harmonisation of covered bond frameworks, as outlined in a European Commission paper, would be beneficial, as market participants responded to the consultation ahead of an originally-scheduled deadline of Wednesday.

EC launches covered consult, ‘voluntary’ EBA convergence an option

Oct 2nd, 2015
Jonathan Hill Sept 2015 App

The European Commission is open to allowing voluntary convergence of covered bond frameworks around EBA best practices, alongside a possible tightening of CRR eligibility, as an alternative to legislating moves towards harmonisation in a consultation paper released on Wednesday.

Favourable covered treatment confirmed in EC LCR rules

Oct 17th, 2014
Drapeaux européens devant le Berlaymont

Covered bonds’ anticipated favourable treatment in the Liquidity Coverage Requirement was confirmed by the European Commission on Friday, with the highest rated covered bonds eligible for up to 70% of liquidity buffers as Level 1 assets and others in Level 2A or 2B.