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Fitch welcomes FSA call for more ratings to get capital relief

20 Jun 2011

Fitch has come out in support of the FSA’s proposals to overhaul the supervisory formula approach. Under the regulator’s new guidance, banks will no longer be able to use their own models to determine whether a risk transfer securitisation has achieved significant risk transfer — and therefore whether the bank can claim capital relief.

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20 Jun 2011