2019 Budget law: New amendments to the Italian securitisation law
January 2019

The 2019 Budget Law has amended the Securitisation Law by  (i) removing certain restrictions on CDOs, (ii) clarifying the rules governing the direct lending by securitisation vehicles, (iii) clarifying on the rules governing synthetic securitisation and (iv) introducing the securitisation of proceeds.

Our Banks focus Team and Capital Markets Focus Team summarise here certain key aspects of this new legislation.