WORKING DOCUMENT #2
Securitisation
Working Party on Financial Services
FROM: Presidency
Meeting of the Council Working Party on Financial Services (Securitisation)
20th October 2015 (10:00)
AGENDA
Morning:
1. Update on the preparation of the Solvency II Delegated Act by the Commission
2. Proposal for a Regulation of the European Parliament and of the Council laying
down common rules on securitisation and creating a European framework for
simple, transparent and standardised securitisation - discussion on selected
Articles -
2.1. Subject-matter, scope and definitions (Articles 1 and 2)
2.2. Due diligence requirements for institutional investors (Article 3)
2.3. Risk retention (Article 4)
2.4. Transparency requirements for originators, sponsors and SSPE’s (Article 5)
2.5. Sanctions (Articles 17, 18, 19, 20 and 22)
Afternoon:
3. Proposal for a Regulation of the European Parliament and of the Council amending
Regulation (EU) No 575/2013 on prudential requirements for credit institutions
and investment firms
3.1. Chapter 5, Section 3, Sub-Section 2 (Articles 254-257, including hierarchy of
methods)
3.2. Chapter 5, Section 3, Sub-Sections 3 & 4 (Articles 258-268, Calculation of risk-
weighted exposure amounts)
3.3. Chapter 5, Section 3, Sub-Section 5 (Articles 269- 270a, including tranched
cover)
3.4. Additional credit risk criteria for STS (Article 243)
3.5. Grandfathering provision (Article 2 of the amending regulation)
3.6. Remaining Articles of the proposal
4. AOB