New CRR retention rules “cast shadow” over European CLO market, say Deutsche Bank

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New CRR retention rules “cast shadow” over European CLO market, say Deutsche Bank

The latest draft of the European Banking Association’s technical implementation of 5% risk retention rules could deal a serious blow to the European CLO market because it specifically cites investment firms as needing to keep “skin-in-the-game”, according to Deutsche Bank ABS analysts.

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