New ABS and MBS standards

The European Securitisation Forum (ESF) has responded to calls from investors in asset-backed securities for better disclosure by releasing market practice guidelines for the securitisation market.

“The goal is to create standardisation and harmonisation of pre- and post-issuance information in the securitisation market by providing a list of terms and requirements that should be reported,” says Marco Angheben, staff advisor, ESF.

He explains that the guidelines are a set of recommendations that the forum holds out as best practices for publishing, confirming and comparing information regarding European asset- and mortgage-backed securities.

The ESF is strongly encouraging firms to

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