The trade groups – the Bond Market Association, the International Swaps and Derivatives Association and the Securities Industry Association – have taken issue with Interagency statement on sound practices concerning complex structured finance activities, published by five financial services regulators. The original deadline for responses to the mid-May document was postponed at the request of the industry, which was incensed by the draft.
The draft guidance was published by regulators in res
To continue reading...
If you have access through Open Athens you can login here