EBA is consulting on draft Guidelines under the Capital Requirements Regulation (CRR) on implicit support for securitisation transactions, to clarify what constitutes arm’s length conditions and when a transaction is not structured to provide support for securitisations. The Guidelines also include provisions to avoid a scenario whereby support is provided on behalf of the originator by another entity. EBA asks for comments by 20 April and will hold a public hearing on the proposals on 18 February. (Source: EBA Consults on Implicit Support Securitisation Guidelines)