Article summary
The European Banking Authority (EBA) has published final guidelines on the criteria related to simplicity, standardisation and transparency (STS) and additional specific criteria for on-balance-sheet securitisations (OBS). The guidelines aim to ensure a harmonised interpretation of these STS criteria, in alignment with the EBA guidelines for asset-backed commercial paper (ABCP) and non-asset-backed commercial paper (non-ABCP) securitisation.
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