Topic
Securitisation
464 published works
Global Regulation Tomorrow
OJ publication – RTS on the homogeneity of the underlying exposures in securitisation
By Luke Rodgers, Jochen Vester (UK)
In July the European Banking Authority published two final draft regulatory technical standards (RTS) under the Securitisation Regulation. The first of these RTS established the conditions for which underlying exposures…
Retained Interest
Capital Relief Trades: Structuring Considerations for Synthetic Securitizations (Part three of a three part series providing a U.S. and U.K perspective)
By Edmund "Ed" Parker, Kevin Hawken, Harjeet Lall
Navigating the European Rules and Regulations. Synthetic securitization has had a rocky ride in Europe. 2004-2005 was the high watermark. The financial crisis almost killed off the market, before a…
Credit Chronometer
Subprime Auto: Market Momentum Heading into 2020
Momentum changes everything – it’s hidden, but you know it when you feel it. It has the power to shift markets, so if you find where it’s headed, best to…
Retained Interest
Industry and advocacy groups respond to proposed changes to FDIC’s securitization safe harbor rule
By Julie A. Gillespie, Jan C. Stewart, Jeffrey P. Taft, John-David Treumann
In July, the Federal Deposit Insurance Corporation (the “FDIC”) proposed a change (discussed here and here) to certain provisions of its securitization safe harbor rule (the “Rule”) to eliminate the…
Retained Interest
Legal Update: Regulatory technical standards in relation to transparency adopted by the European Commission
The European Commission (the “Commission”) has now adopted and published the regulatory technical standards (the “RTS”) in relation to the transparency requirements under the EU Securitisation Regulation (the “Securitisation Regulation”).…
Global Regulation Tomorrow
EBA opinion on regulatory treatment of non-performing exposure securitisations
On 23 October 2019, the European Banking Authority (EBA) published an opinion on the regulatory treatment of securitisations of non-performing exposures (NPE). In the opinion, the EBA explains that the…
Retained Interest
EBA Consults on its Proposal to Create STS Framework for Synthetic Securitisations
By Harjeet Lall
The European Banking Authority (the "EBA") has recently launched a public consultation on its proposals to create a simple, transparent and standardised ("STS") framework for synthetic securitisations, as set out…
Global Regulation Tomorrow
Commission Delegated Regulation supplementing the Securitisation Regulation with regard to RTS on the specification of a securitisation to be made available by originator, sponsor and SSPE
By Jochen Vester (UK), Catherine Blake (UK)
On 16 October 2019, the European Commission (Commission) published a Delegated Regulation supplementing the Securitisation Regulation with regard to regulatory technical standards (RTS) specifying the information and the details of…
PropertyProf Blog
Webcast: Best Practices for Teaching Real Estate Securitization
By Chris Odinet
New York City with National Webcast( Limited Seating NYC Location )Wednesday, October 30, 201912:30–5:00 p.m.NO CHARGE FOR FACULTY AT AALS SCHOOLSSecuritization, an important component of U.S. financial transactions, often receives…
Credit Chronometer
How Empty Is the Glass? Experience Level Is Found to Influence Sensitivity to Subprime Auto Market Deterioration and Downgrades
S&P’s recent downgrade of Class E notes from CPS Auto Receivables Trust (CPSART) 2016-B, 2016-C, 2016-D and 2017-A from BB- to B+ is prompting investors to take a closer look…