Top Section/Ad
Top Section/Ad
Most recent
Tom Hall goes through a sterling week of deals for European ABS, while Thomas Hopkins dissects the dangers that a rise in LMEs would pose for European CLOs
Proposed 10% limit on interest would strip out most of securitizations' excess spread
Implementation necessary after wide-ranging changes last year
It is not enough to just undo some of the European Commission’s more controversial proposals
More articles/Ad
More articles/Ad
More articles
-
Santander has bought credit protection on two portfolios of undrawn revolving credit facilities, taking advantage of a regulatory decision last year to sharply boost the efficiency of the protection. The deal points the way for banks to cut the costs of providing revolvers, which are usually extended as a ‘loss leader’ for a broader banking relationship.
-
In this round-up, Beijing-headquartered Asian Infrastructure Investment Bank is ready to provide loans to help China combat the deadly outbreak of the novel coronavirus, the Ministry of Finance has rolled out more easing measures amid the epidemic, and Huishang Bank has finally confirmed it is taking over Baoshang Bank.
-
In this round-up, the presidents of China and the US held a phone call amid the outbreak of the novel coronavirus, the Mainland central bank is on track to issue its first renminbi bills of the year in Hong Kong next week, and regulators are giving issuers more time to prepare for their bonds.
-
The International Swaps and Derivatives Association this week said it will make another attempt to finally find industry consensus on a solution to fallback issues in the Libor transition.
-
The European securities regulator will start to probe sustainable finance, looking for risks including greenwashing and climate risks, and may use stress tests in some market segments. Green finance experts welcomed the new Strategy on Sustainable Finance put out by the European Securities and Markets Authority on Thursday as a step towards fully integrating environmental, social and governance issues into financial regulation.
-
A first sign of whether the UK will choose to diverge from EU financial regulation after Brexit could come when mandatory buy-in rules enter into force. This is because the European Securities and Markets Authority (ESMA) has proposed postponing the rules that govern what happens when a securities trade fails until February 2021, after the Brexit transition period ends.