Topic
Securitisation
464 published works
Global Regulation Tomorrow
European Commission publishes draft Commission Delegated Regulation supplementing the Securitisation Regulation specifying in greater detail the risk retention requirements for originators, sponsors, original lenders and servicers
On 10 July 2023, the European Commission published a draft Commission Delegated Regulation of 7 July 2023, supplementing the Securitisation Regulation with regard to regulatory technical standards (RTS) specifying in…
Banking, Finance and Securities
European Commission publishes draft Commission Delegated Regulation supplementing the Securitisation Regulation specifying in greater detail the risk retention requirements for originators, sponsors, original lenders and servicers
On 10 July 2023, the European Commission published a draft Commission Delegated Regulation of 7 July 2023, supplementing the Securitisation Regulation with regard to regulatory technical standards (RTS) specifying in…
Free Writings + Perspectives
SIFMA Webinar: SEC Re-Proposal on Conflicts of Interest in Securitization
By Nicole Veru
June 20, 2023 Webinar1:00 pm - 2:00 pm ET Register here. Earlier this year, the SEC re-proposed a rule to implement Section 27B of the Securities Act of 1933, a…
Retained Interest
SIFMA Webinar Series: SEC Re-Proposal on Conflicts of Interest in Securitization
By Christopher Horn, Jon Schlotterback
Earlier this year, the SEC re-proposed a rule to implement Section 27B of the Securities Act of 1933, a provision added by Section 621 of the Dodd-Frank Act. The Dodd-Frank…
Structured Finance In Brief
European CRE CLO & CMBS – the spotlight for CRE
One unassailable fact is that securitisation has a hugely important role to play when it comes to financing commercial real estate (CRE). Simply put, no other source of CRE finance…
Crunched Credit
The CRE CLO Repurposed: Part II
By Rick Jones
I wrote about the disconnect between our CRE CLO technology and the task at hand (finding acceptable lever in an expanding leverage desert) in my last commentary. While the CRE…
Consumer Financial Services Review
Residential Mortgage Loans: Capital Relief Through Synthetic Securitization
By Brian L. Kuhl, Matthew Bisanz, Paul A. Jorissen, Eric J. Edwardson
Banking organizations looking to reduce the amount of risk-based regulatory capital required to support residential mortgage loan portfolios can use synthetic securitization to convert the capital treatment of their exposures…
Global Regulation Tomorrow
EBA consults on guidelines on the STS criteria for on-balance-sheet securitisation under Article 26a(2) of the Securitisation Regulation
On 21 April 2023, the European Banking Authority (EBA) published a Consultation Paper on guidelines on the simple, transparent and standardised (STS) criteria for on-balance-sheet securitisation under Article 26a(2) of…
Global Regulation Tomorrow
Edinburgh Reforms
On 9 December 2022, the Chancellor of the Exchequer announced a set of reforms, known as the ‘Edinburgh Reforms’. Since this announcement, we have put together a collection of podcasts,…
Global Regulation Tomorrow
New briefing note – Rule 192 – US conflicts rule may hit UK and European securitisations and repackagings
By Michele Daelemans, Christian Lambie, David Shearer (UK)
On 27 March 2023 both SIFMA and AFME submitted letters of comment to the US Securities and Exchange Commission (the SEC) responding to the SEC’s Release No. 33-11151 proposing new Rule…