Proceeding with unusual speed, European Union regulatory bodies recently reached an important agreement that could energize its securitization market by next summer and open it to a wider range of investors.
The future of European competitiveness—a competitiveness strategy for Europe,” informally referred to as the Draghi Report and prepared by former European Central Bank President Mario Draghi, was published in September 2024. The strategy, promoted to strengthen European capital markets, evolved into a legislative reform package agreed upon October 21 by the European Parliament and European Council, which comprises the heads of member states.
