ECB influence revealed as Solvency II tweaks mean concessions for ABS

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ECB influence revealed as Solvency II tweaks mean concessions for ABS

ABS experts have suggested to GlobalCapital that new revisions to ABS capital charges for insurers are a welcome demonstration of European Central Bank influence over regulators. But they insisted the changes will have little impact on the market because they focus on lower-rated assets in a market dominated by triple-A paper.

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