Wed 13 May 2015
News - Consultations on securitization & on the Prospectus Directive
The European Commission launched two other consultations alongside the Green Paper: one on the Prospectus Directive, the other on securitisation.
The consultation on the Prospectus Directive covers a very broad range of issues, for example, the scope of the prospectus requirement and the exemptions thereto, the appropriate level of investor protection, possible ways to reduce administrative burden and costs that seem unnecessary, cross-border issues and the possibility to make the regime more appropriate for small and medium-sized enterprises and companies with reduced market capitalisation.
The second consultation represents a first step towards a possible initiative on creating an EU framework for simple, transparent and standardised securitisation.
See the consultation on the Prospectus Directive here
See the consultation on securitization here