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Regulation

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  • The combination of regulatory reforms and ongoing market challenges is forcing both banks and other financial institutions to review their business models and ensure they are optimally structured for the new environment.
  • Securitization professionals and policymakers alike whistle the same tune, but they sing different lyrics: proposed regulations need to simultaneously address the future stability of the global economy without snuffing out the markets that drive it.
  • The time needed to make changes to Solvency II regulation is running short, according to panellists at Wednesday’s discussion on whether its implementation will cause an exodus of insurance companies from the structured finance market in Europe.
  • Asset managers in Europe say planned capital charges for securitizations under Solvency II and Basel III reforms are already making the asset allocation process more complex.
  • The Foreign Account Tax Compliance Act, which was signed into U.S. law on March 18, 2010, as part of the Hiring Incentives to Restore Employment Act, includes a number of revenue raising provisions affecting cross-border derivatives transactions.