Synthetic securitisations and Europe’s capital sweetener
Regulator weighs high-quality label for synthetic deals, but without favourable capital treatment
Hit TV series Westworld features a futuristic theme park filled with synthetic humanoids programmed to act out specific roles in a story. The show asks the ethical question: should the synths be treated like humans?
European financial authorities are grappling with their own synthetic conundrum. Should balance sheet synthetic securitisations be treated like other, cash deals? Specifically, should
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