Sector developments and company hires

Conflict of interest charge settled The US SEC has charged Morningstar Credit Ratings for violating...

Covid-19 modelling challenges persist

Banks are running simulations in an effort to address the credit risk modelling challenges of the co...

BMO launches capital relief trade

Bank of Montreal has finalised a US$132m five-year financial guarantee dubbed Manitoulin Muskoka Ser...

Sector developments and company hires

TALF CLO rules clarified The US Federal Reserve has clarified its CLO eligibility rules for TALF. I...

CRT sector developments and deal news

Bank of Montreal is rumoured to be prepping a corporate loan capital relief trade for 3Q20. The lend...

Sector developments and company hires

SFSF investments disclosed The AOFM has disclosed the recent investments it has made under the Stru...

A review of securitisation activity over the past seven days

Last week's stories CRM tool CBILS guarantees eligible for CRR recognition EC decision awaite...

Assia Damianova, special counsel at Cadwalader, Wickersham & Taft LLP, considers the potenti...

CRTs typically consist of a credit transfer instrument entered into between the credit institution a...

Preferential capital treatment mooted for STS synthetics

The EBA’s framework for STS synthetic securitisations (SCI 6 May) is broadly in line with...

CBILS guarantees eligible for CRR recognition

The UK PRA published at the end of April a statement clarifying whether Coronavirus Business Interru...

CRT sector developments and deal news

BBVA is rumoured to be readying a capital relief trade for 2Q20. The lender has completed a total of...

Sector developments and company hires

STS synthetics proposals published The EBA has published its proposals for developing an STS framew...

Uncapped guarantee completed

The EIF and nine Romanian banks have completed an uncapped guarantee agreement from the SIUGI progra...

Shorter pro-rata periods to benefit SRTs

A sharp deterioration in asset performance due to the coronavirus fall-out may lead to sequential pa...

Sector developments and company hires

WAM guidelines finalised The EBA has published its final guidelines on the determination of the wei...

A review of securitisation activity over the past seven days

Last week's stories Cautiousness prevails European CLO market update CRT vol aims for the sta...