FSA May Tweak CLO Risk-Retention Regs

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FSA May Tweak CLO Risk-Retention Regs

Steve Baker, a senior risk specialist at the U.K. Financial Services Authority, has hinted that the FSA may tweak regulations due to go into effect in 2014 that require firms to hold a 5% stake in collateralized loan obligations, but warned that CLO measures are not a high priority for the agency.

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