Nafmii publishes NPL securitization consultation

By Rev Hui
29 Mar 2016

The National Association of Financial Market Institutional Investors (Nafmii) has wrapped up a consultation on the securitization of non-performing loans (NPLs), paving the way for the asset class to materialise.

Unveiled on March 24, the consultation mainly revolves around information disclosure of NPL securitization. 

Most of the rules are fairly common as the consultation is built on the existing framework for standard ABS, but Nafmii has proposed ...

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