Review of the Securitisation Regulation

The European Economic and Social Committee (EESC)'s ECO section has adopted its opinion on the European Commission’s proposals to amend the Securitisation Regulation and the Capital Requirements Regulation. The aim is to revive the EU securitisation market in a way that supports investment in the green, digital and social transitions while ensuring financial stability and investor protection. The Committee supports the overall objectives but warns against undermining safeguards introduced after the global financial crisis.

Key points

In the opinion, ECO recommends:

• Supporting the revival of securitisation to channel financing to households, SMEs and the EU’s strategic objectives, with stronger ESG disclosure requirements and transparent monitoring of whether ‘freed-up’ capital boosts lending.
• Preserving safeguards and international standards to protect financial stability, avoiding excessive risk-taking, and discouraging relocation of securitisation processes to unregulated jurisdictions or aggressive tax regimes.
• Strengthening supervision and fine-tuning technical aspects (calibration, definitions, retention rules), while introducing measures to preserve lender–borrower relationships and transparency throughout the securitisation process.

Additional information

EESC section: Economic and Monetary Union and Economic and Social Cohesion (ECO)

Opinion type: Legislative opinion

Rapporteur: Petru Sorin DANDEA (Workers – GR II, Romania)

Co-rapporteur: Kęstutis KUPŠYS (Civil Society Organisations – GR III, Lithuania)

Reference: ECO/681-EESC-2025

Date of adoption by section: 5/9/2025

Date of adoption in plenary: 17-18/09/2025

Contact

Thomas Kersten

Press Officer

Email: thomas.kersten@eesc.europa.eu

Sergio Lorencio Matallana

Policy Officer

Email: eco@eesc.europa.eu