US agencies revise best practice for complex structured finance deals

Five US regulatory agencies have issued a revised joint proposed statement on best practice for complex structured finance transactions (CSFTs). Dealers have welcomed the revised guidelines, as they felt the original statement required them to act as de facto regulators by ensuring clients were using structures appropriately.

David Warren, New York-based head of structured credit trading at Morgan Stanley, says the new inter-agency proposal will not have a material impact on trading activity

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: