Regulatory change provides opportunity for international firms' structuring skills
SolarCity deals show potential and pitfalls of new asset class
Securitisation industry group claims Europe faces big financing shortfall – and pushes securitisation as the answer
Deal is said to pay a coupon of 11% for first-loss protection – which some investors say is too low
An extraordinary Australian court judgement shines a light on the errors and deceit that led to the granting of an AAA rating to ABN Amro’s Surf constant proportion debt obligation in 2006. Lukas Becker reports
The fine handed out by an Australian court last year to ABN Amro and Standard & Poor’s was a rare success for post-crisis litigants in structured credit cases. The victors are hoping to repeat the trick in Europe – but what are their chances? Lukas...
A cracking time
European banks and pension funds are seeking redress over CPDO ratings, and claims against issuers of other structured credit products could follow
At least six banks are talking to lawyers and rating agencies about reviving derivatives product companies, although AAA ratings may now be off the table
The SPV swap replacement game
Basel Committee focuses on cost of protection in attempt to stamp out capital arbitrage, but dealers worry that sound trades will also suffer
A clash of ideologies
The latest Reserve Bank of India revised draft guidelines for securitised transactions released late September have drawn criticism from market participants for being far too restrictive, with one lawyer saying the rules in their current form would "nearly...
While CLO activity remains below pre-financial crisis levels, a demand for higher yields is driving US investor appetite
Auctions of AIG legacy portfolio delivering a solid result for the Fed
Securitised debt markets in Asia are poised for growth, but challenges remain
Regulators release risk retention rule; publish a specific loan-to-value ratio for those mortgages that will be exempted
Standard Chartered's most recent Start deal proved oversubscribed, suggesting a returning credit risk appetite in Asia. Meanwhile, more CLOs are expected this year.