Sustainable Securitisation – too complicated or worth the effort?
“It’s NOT simple” has been the reaction of many securitisation market participants when the Securitisation Regulation introduced the concept of “Simple, Transparent and Standardised” (“STS”) securitisations back in early 2019. With the emergence of sustainable securitisations, things are again not quite as straightforward as one would wish. During its young history, the regulatory environment for sustainable securitisations has already gone through several evolutions.
