Regulatory Alerts2024-12-09
Circular CSSF 24/868 regarding amendments to Circular CSSF 19/719 on EBA STS criteria for securitisation
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 24/868 to amend Circular 19/719, which implements the European Banking Authority's guidelines on Simple, Transparent, and Standardised (STS) criteria for non-ABCP and ABCP securitisation. This regulatory update formally incorporates the specified amendments into the existing framework governing STS securitisation requirements in Luxembourg. The document ensures that financial institutions adhere to the latest supervisory standards for identifying and managing STS securitisation positions.
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