Structured products and securitisation

This subtopic contains the following guidance on EU-level rules relating to structured products and securitisation:

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Practice Note: EU regulation of structured products and securitisation—one minute guide provides a guide to EU regulation of structured products (investment products containing a combination of two or more disparate elements, for example debt securities and derivatives) and securitisations and covers regulations governing debt securities generally, regulations governing derivatives generally, and regulations with specific relevance to structured products: (1) Directive 2014/65/EU (EU MiFID II), (2) Regulation (EU) 600/2014 (EU MiFIR), (3) Regulation (EU) 1286/2014 (the EU Packaged Retail and Insurance-based Investment Products (EU PRIIPs) Regulation), (4) Directive 2009/138/EC (Solvency II (regulation of Insurance Linked Securities)), (5) Regulation (EU) 2017/2402 (the EU Securitisation Regulation) and (6) and Regulation (EU) 575/2013 (the EU Covered Bonds Directive and Regulation)
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Practice Note: Collateralised debt obligations—EU explains the treatment of collateralised debt obligations (CDOs) under EU law and covers: (1) core concepts relevant to CDOs including special purpose vehicles (SPVs), securitisation, tranches and the creation of security over a portfolio of financial assets which may include asset backed securities (ABS), mortgage-backed securities

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