Increased funding options welcomed in the face of a potential spike in Australia consumer credit growth
Ratings enable the information asymmetry existing in the issuer-investor relationship to be reduced, particularly for issues with a high degree of complexity, as in the case of securitizations. However,...
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Americas Awards 2013
The Basel approach is criticised as inconsistent, prompting a group of quants to develop an alternative
Rules would require banks to allocate all securitisation exposure by individual, underlying obligor
US clearing rules do not exempt SPVs, but industry is split on whether other exemptions - for unclearable swaps - would apply
Basel proposals would kill European market, banks warn – and some regulators sympathise
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
Adapt or die
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
Standard formula is too harsh and fails to reflect real risk of long-term finance, say insurers
A number of downgraded banks are required to find swap counterparty replacements for over 300 structured finance transactions – but this is proving difficult, with few candidates willing or able t...
The adjustment bureau
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.