The Bottom Line. STS and Third Party Verification

Episode 5


In this episode our hosts Jördis and Kai discuss STS (Simple,
Transparent, and Standardised) securitisation with Michael
Osswald, the managing director at STS Verification International.
After exploring what STS actually means, they delve into the role
of third-party verifiers in assessing a securitisation
transaction's compliance with STS criteria laid down in the EU
securitisation regulation. They further discuss the benefits for
investors and the challenges faced by first-time issuers. They
also touch on the topic of the future of STS securitisation for
private deals, synthetic transactions, and the provision of
environmental performance data for auto loans, residential loans,
and leases.