Sector developments and company hires

EBA’s agenda released

The EBA has published its 2020 agenda, detailing its work activities for the coming year. On the securitisation side, its work will mainly be focused on STS-related mandates. In 4Q20, the authority plans to publish recommendations regarding significant risk transfer practices, as well as the hierarchy of approaches for calculating CRR risk weights. Before then, its final report to the European Commission on an STS framework for synthetics is due in Q2.

Structured finance head appointed

Wilmington Trust has appointed Alex Pashley as head of structured finance – UK. He was previously international manager at Wells Fargo and before that worked at BNP Paribas Securities Services, JPMorgan and Bank One.