We have left the bank with fragmented markets, but the other side of the river, with the single market for payment services has not been reached yet. So where do we currently stand regarding SEPA payment instruments? •  January 28th of this year was a remarkable day with the launch of SEPA and the SEPA Credit Transfer (SCT) being ready on time.
When arranging ABSs, these techniques enable the classification of cash flows from pooled assets into tranches, such as senior, mezzanine, and equity, reflecting different degrees of risks, enabling investors to select the tranche best suited to their individual risk preferences.