@article{zombirt2022how,
  title = {How to update the Securitization Regulation?},
  author = {Jolanta ZOMBIRT},
  year = 2022,
  url = {https://ibimapublishing.com/articles/JEERBE/2022/896798/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2022,
  pages = 11,
  doi = 10.5171/2022.896798,
  abstract = {Some years after the subprime crisis, regulators started to change their thinking about securitization having noticed its advantages. At first, their efforts to create a more friendly environment for securitization were rather shy. A true acceleration of these efforts could be seen after COVID-19 and its devastating effects on banks’ balance sheets and the real economy. The Securitization Regulation came into force on 1 January 2019 but due to the pandemic it later began to be amended and adjusted. A huge wave of these adjustments has taken place in 2021. Market participants, however, have pointed out the regulations’ numerous loopholes and shortcomings. This has led to an amendment of the SR in April 2021, and the EC is to report on the SR's functioning before 1 January 2022.
As we observe the works, amendments and comments, however, it is proper to say that the consultation process that concentrates on:

	the impact of the regulation on the securitization market
	private securitizations
	equivalence regime for non-EU entities regarding STS
	disclosure of information on ESG and sustainable finance

 
may not be the end of the SR upgrade. This is partially because of the new events and facts that influence the European securitization framework. Yet, regulators seem to be somewhat hesitant to make use of this technique for fear of being blamed if something goes wrong.},
  keywords = {Securitization, update, environment},
  note = Article ID: 896798
}