Loan origination. ESMA has not given views on the subject of loan origination by funds (non-bank lending) since it published an opinion in 2016, where it called for an EU-wide regime for authorisation of loan originating funds with specific rules governing the management of risks relating to loan origination means that an investment fund provides credit (originates a loan), acting as a sole or a primary lender, to borrowers such as small or medium enterprises (SMEs). As such, this activity represents an alternative form of market-based opinion on key principles for a European framework on loan origination funds 13 April 2016. ESMA has published an opinion to the European Parliament, the Council of Ministers and the European Commission setting out its view on the necessary elements for a common European framework for loan origination by investment funds. The publication is in anticipation of a pending consultation by the ESMA Opinion on a European framework for loan origination by funds On 11 April 2016, the European Securities and Markets Authority (ESMA) published an Opinion to the European Parliament (EU Parliament), the Council and the European Commission (EU Commission) on key principles for a European framework on loan origination by ;· On the 11th of April, 2016, ESMA published an opinion addressed to the European Parliament, Council and Commission (“ Opinion ”) in which it proposed a common European framework for loan origination by investment funds and set out its view on the elements upon which the common European framework is proposed to be ;· ESMA is of the view that a common approach at EU level would contribute to a level playing field for stakeholders, as well as reducing the potential for regulatory arbitrage. This could in turn facilitate the take-up of loan origination by investment funds, …Opinion on loan origination by funds – ESMA As part of ESMA’s ongoing work on the Capital Markets Union, it has issued a detailed opinion on the topics that should be covered by the European Commission in its Q2 consultation on establishing a common EU approach on loan origination by ;· ESMA is of the view that a common approach at EU level could facilitate the take-up of loan origination by investment funds, a sentiment we agree with and which would also be in line with one of 8/25/2020 · ESMA has not given views on the subject of loan origination by funds (non-bank lending) since it published an opinion in 2016, where it called for an EU-wide regime for authorisation of loan originating funds with specific rules governing the management of risks relating to loan origination. It also suggested that loan-originating funds should only be “closed-ended” vehicles, without investor …9/1/2020 · Loan origination. ESMA recommends that the AIFMD should be amended to include a framework for loan origination funds. This would be a substantial development and will warrant very close attention by any manager investing in 19/06/2019. The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on loan origination and monitoring. Learning from the elevated levels of non-performing exposures (NPEs) across the EU in recent years, the draft guidelines aim to ensure that institutions have robust and prudent standards for credit risk taking, management and monitoring, and that

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