It is also highly unlikely that the euro will displace the dollar as an investment and reserve currency in the foreseeable future because there is no public issuer in the euro area comparable to the US-Treasury and because the European capital markets are still fragmented to some extent - despite monetary union.
5 Details of the information that will be required at least every quarter on both existing and new RMBS issuance are set out in reporting templates, which are available today on the Bank’s website. These templates are aligned with the ASF’s current best practice RMBS reporting and disclosure standards. They are also consistent with those developed by the ECB and the Bank of England.