STS Securitisation
From Open Risk Manual
Definition
STS Securitisation denotes "Simple and Transparent Securitisation", a European Commission initiative to promote a safe and liquid market for Securitisation. The initiative forms part of the Capital Markets Union action plan.
These STS rules aim to re-establish a safe securitisation market in Europe by differentiating simple, transparent and standardised securitisation products from more opaque and complex ones.
