Sector developments and company hires

REMIC revenue procedure The US Internal Revenue Service has issued a revenue procedure that permits...

Large corporate SRTs prepped

Capital relief trade issuance is set for a comeback in 2Q20 as a handful of banks are readying large...

Sector developments and company hires

TALF 2.0 eligibility expanded The US Fed has expanded the range of assets that are eligible collate...

Greek NPE ABS plans disrupted

The non-performing exposure reduction plans of the four systemic Greek banks are expected to be dela...

Sector developments and company hires

EIF calls for guarantee applications The European Commission has unlocked €1bn from the Eu...

Mortgage market advisers and consultants are struggling to find any models that work for the current...

“Our clients are modelling a range of scenarios but are preparing themselves for the worst...

IFRS 9 challenges persist amid pandemic

Supervisors have advised banks to embed the effects of government programmes, such as payment morato...

Container ABS disruption weighed

The marine container industry is facing substantial logistical challenges due to the impact of Covid...

Sector developments and company hires

CLO stress scenario updated Fitch is set to apply an updated stress scenario to all CLO portfolio...

European ABS market update

European ABS secondary market sentiment improved last week, with the return of investor appetite, an...

Sector developments and company hires

Negative outlook for asset performance Fitch is updating its rating assumptions for all global st...

A review of securitisation activity over the past seven days

Last week's stories Breathing space? EU banks benefit from Basel 3 delay Capacity con...

Positive impact SRTs gaining traction

Significant risk transfer is primarily associated with achieving favourable capital treatment. Howev...

EU banks benefit from Basel 3 delay

The Basel Committee's decision last week to delay implementation of the final Basel 3 rules...

Securitisation mooted for SME house builders

SME house builders struggle to access finance, despite being responsible for around 13% of new build...

Sector developments and company hires

EMEA Addleshaw Goddard has hired structured finance partner Rachel Kelly from McDermott Will &...