Powered by Lexis+®
Jurisdiction(s):
European Union

EU securitisation capital rules for banks and insurers under CRR and Solvency II: SRT, STS, exposure and RWEA calculations, trading book treatment, and 2025 reform proposals

Published by a LexisNexis EU Law expert
Practice notes
imgtext

STOP PRESS

On 17 June 2025, the European Commission released its long‑awaited review of the EU Securitisation Framework, together with a comprehensive legislative proposal to revise the following:

  • EU Securitisation Regulation (Regulation (EU) 2017/2402)
  • EU Capital Requirements Regulation (Regulation (EU) No 575/2013)
  • EU Solvency II Delegated Regulation (Commission Delegated Regulation (EU) 2015/35)
  • EU Liquidity Coverage Requirement Delegated Regulation (Commission Delegated Regulation (EU) 2015/61)

Changes to the EU Securitisation Regulation span risk retention, investor due diligence, transparency, STS on‑balance sheet securitisations, and the definitions of public and private securitisation. Amendments to the Capital Requirements Regulation cover, among other matters, more risk‑sensitive capital requirements, resilient securitisation positions, and significant risk transfer tests. Additional consultation and further amendments are expected as the EU legislative process progresses.

EU securitisation framework—background and purpose

In September 2015, the European Commission set out the Action Plan on Building a Capital Markets Union, proposing wide‑ranging steps to forge a single capital market across the EU’s Member States—a Capital Markets Union (CMU)—to stimulate investment and drive growth. The initiative led to Regulation (EU) 2017/2402 (the EU Securitisation Regulation)...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
Web page updated on 21/05/2026

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow