US Treasury proposals could breathe new life into CLO market-making12 days ago
The US Treasury Department yesterday proposed a dramatic paring back of the Dodd-Frank Act, but made no mention of changing the risk retention rules in relation to CLOs
Market participants strike bullish tone on STS regulation17 days ago
IMN’s Global ABS Conference in Barcelona came to a close yesterday and one of the main talking points for the ABS market was the successful resolution to disputes between the market and the European parliament over STS (simple, transparent and standardised) legislation
Europe drops plans for tougher risk retention rules26 days ago
The European Union has pulled back from plans that would have made it much harder to structure CLOs
Euro loan managers breathe easy as ECB adopts US-style lending guidelines1 month ago
The ECB has, to some extent, relented and provided loan market participants with a greater degree of flexibility after this morning posting the final guidance for leveraged lending in Europe
ECB's crackdown on leveraged lending clears the way for direct lenders1 month ago
Regulator's plans to limit debt to ebitda ratios in loan transactions could drive traffic out of the capital markets and towards lending funds
Details emerge of Maples' role in shaping first US CLO of 20173 months ago
Law firm Maples played a key role in launching Venture XXVI CLO, it has emerged
Insurer’s CLO discount carve-out should survive regs shake-up6 months ago
Forthcoming changes to insurance regulations in the US may push insurance companies higher in the CLO capital structure but it should not lessen the appeal of CLOs to the industry
Managers see ray of light in bid to force changes to CLO risk retention6 months ago
LSTA sees rising chance of risk retention reform
Basel committee eases capital charges on STC securitisations11 months ago
The Basel Committee on Banking Supervision has announced changes to regulatory capital requirements for so-called "simple, transparent and comparable" (STC) asset-backed securities.
European risk-retention proposal threatens CMVs and originators11 months ago
A regulatory proposal would have consequences far beyond raising the risk retention threshold
Regulators should "look at the assets, not the tool", conference hears1 year ago
Regulatory proposals affecting the structured credit market dominated discussions as IMN's 20th Global ABS conference kicked off in Barcelona yesterday.
Congressman proposes to set CLOs free with drastic Dodd-Frank revision1 year ago
Texas congressman Jeb Hensarling has put forward the Financial Choice Act (Choice = creating hope and opportunity for investors, consumers and entrepreneurs).
Academics challenge STS proposals with demand for 20% risk retention1 year ago
A group of academics has written to the European Parliament to challenge the revival of Europe's securitisation market. The open letter demands that risk retention requirements should be increased to 20% - although the reason for arriving at this seemingly arbitrary figure is not explained
Trade associations unite in support of STS securitisation in Europe1 year ago
Four of the European credit market's leading trade bodies have joined forces in support of simple, transparent and standardised (STS) securitisation.
US and EU agreement on clearing house rules pushes up margins1 year ago
CFTC and European Union Commission agree on swaps clearing rules
European Commision pushes Mifid II deadline back a year1 year ago
The European Commission has announced a set-back to a regulatory deadline due to 'exceptional technical implementation challenges
Fed has no plans to introduce "qualified CLO" provision, says Yellen1 year ago
Federal Reserve chair Janet Yellen has said that the board does not yet plan to introduce a “qualified CLO” provision into CLO market regulation, according to a document posted on the LSTA's website
Milbank announces promotion of leading CLO lawyer in London1 year ago
Milbank has announced that CLO specialist John Goldfinch has been promoted to partner
Mutuals should not over-promise on loan liquidity1 year ago
Investors should manage their liquidity goals just as they manage their risk-return targets
Congressmen team up on plans for qualifying CLO rule1 year ago
Congressmen Andy Barr and David Scott, a democrat from Georgia, last week introduced a bill to reduce the burden of risk retention on US CLOs provided they meet several measures of best practice
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