Covered bonds and regulators - friends forever?
New regulation is coming thick and fast, with Basel III set to re-order the fabric of the capital markets. Right now, covered bonds are the darlings of the rule-makers, and in the brave new Basel-ed world, could be the bank funding instrument of choice — unless asset encumbrance worries get the better of the authorities. Owen Sanderson looks at the regulatory threats and opportunities.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts