ECB Warns of Slow SRT Approvals if Banks Don’t Keep Them Simple

The European Central Bank stated it will take longer to approve structured risk transfer deals if banks do not simplify their documentation, according to Reuters. The ECB cited complexity in current deal structures as a reason for extended review timelines. Structured risk transfer deals allow lenders to offload credit risk to investors through insurance-backed arrangements.

• Bloomberg — ECB Warns of Slow SRT Approvals if Banks Don’t Keep Them Simple

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