IACPM is pleased to respond to the PRA’s Consultation Paper CP15/23 and the FCA’s Consultation Paper 23/17. These papers are focused on the new rules for securitisation in the UK which will replace the existing UK securitisation regulation. Our response letter focuses on the application of the new UK securitisation rules to synthetic securitisations executed by banks on their own originated assets for the purpose of achieving significant risk transfer and capital release.
Please click here to read the Response Letter.