Topic
Securitisation
464 published works
Structured Finance In Brief
Can the EBA and Basel Committee proposals help banks clean up their balance sheets using NPL securitisations?
By Tamara Box, Iain Balkwill, Karen Butler, Emily Cartwright, Sophie Davis
Read time: 8 minutes At a glance A large number of legacy non-performing loan exposures (NPLs) continue to subsist on the balance sheets of banks. Portfolios of NPLs tie up…
Credit Chronometer
Credit Chronometer: Auto ABS Market COVID-era Outlook Similar to Pre-pandemic
Joseph Cioffi was quoted in an Asset Securitization Report article, "Credit Chronometer: Auto ABS Market COVID-era Outlook Similar to Pre-pandemic."
Retained Interest
EBA publishes its report on the creation of an STS framework for synthetic securitisations
By Harjeet Lall, Christopher Arnold, Robyn Llewellyn
The European Banking Authority (the “EBA”) has recently published its report on the feasibility of a framework for simple, transparent and standardised (“STS”) synthetic securitisations (the “EBA Report”). The EBA…
Structured Finance In Brief
Structuring securitisations in a post-Brexit world
By Karen Butler, Tamara Box, Sarah Caldwell
Read time: 3 minutes 3o seconds Background Although the United Kingdom (UK) left the European Union (EU) at 11pm on 31 January 2020, the terms of the Withdrawal Agreement between…
Global Regulation Tomorrow
EBA publishes final guidelines on the methodology to determine the weighted average maturity of contractual payments due under the tranche of a securitisation transaction
On 4 May 2020, the European Banking Authority (EBA) published its final guidelines on the determination of the weighted average maturity (WAM) of the contractual payments due under the tranche…
Retained Interest
EU Securitisation Regulation – Status of Secondary Legislation and Guidelines
By Alice Harrison, Harjeet Lall
The Securitisation Regulation has now been in effect for over fifteen months. However, the market is still awaiting the finalisation and adoption of much of the delegated legislation which is…
Credit Chronometer
How Subprime RMBS Can Prepare Us for Subprime Auto Litigation in the Time of COVID-19
“Madness . . . is like gravity, all it takes is a little push.” - The Joker, The Dark Knight, 2008 As our readers know, as far back as 2017,…
Credit Chronometer
April Cover: Containing Market Fallout in the ABS World
Joseph Cioffi was quoted in an Asset Securitization Report article, "April Cover: Containing Market Fallout in the ABS World."
Global Regulation Tomorrow
Delegated Regulation amending RTS on risk mitigation techniques on uncleared OTC derivatives under EMIR in context of STS securitisations published in OJ
On 27 March 2020, there was published in the Official Journal of the EU Commission Delegated Regulation (EU) 2020/448 amending Commission Delegated Regulation (EU) 2016/2251, which contains regulatory technical standards…
Global Regulation Tomorrow
Delegated Regulation with RTS specifying criteria for arrangements to mitigate CCP credit risk associated with covered bonds and securitisations under EMIR published in OJ
On 27 March 2020, there was published in the Official Journal of the EU Commission Delegated Regulation (EU) 2020/447 supplementing the European Market Infrastructure Regulation with regard to regulatory technical…