How are current and proposed European regulatory reforms; including changes to SecReg, BASEL, and solvency frameworks, reshaping issuance and investor demand? Where do capital requirements and prudential treatment still constrain securitisation’s role in bank balance-sheet management and market liquidity? How does Europe’s regulatory approach compare with the U.K., U.S., and other global jurisdictions? Is divergence creating competitive advantages, frictions, or fragmentation? What does that mean for cross-border transactions?