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PCS is an independent, not-for-profit initiative set up to reinforce the asset-backed securities market in Europe as a key to generating robust and sustainable economic growth for the region. At the heart of the PCS initiative from January 2019 will be its work as a third-party verification agent under the STS Regulation helping all market stakeholders to navigate the STS regime. In addition, PCS is also actively involved in the field of synthetic securitisation and in educational and advocacy work to enhance and promote standards of quality, transparency, and simplicity throughout the asset-backed market.
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