LA pension fund monitors high yield manager Aegon amid SEC investigation12 days ago
The Los Angeles City Employees Retirement System (Lacers) is currently monitoring its high yield manager Aegon, which is under SEC investigation
Drop risk retention for most CLOs, says Treasury14 days ago
Loan managers have spent millions of dollars ensuring they have the infrastructure in place to tackle risk retention rules. However, there is now a possibility that the concept of risk retention will not apply to CLOs
Direct lenders eye opportunities in Germany’s lower mid market14 days ago
Direct lending in Germany may be about to flourish, with regulatory changes encouraging fund managers to step into what had been considered an over-banked market
Leader aims to be at forefront of floating rate credit fund comeback14 days ago
Floating rate credit fund launches have slowed to a dribble in the past three years after launching en masse in 2013 – but they may be due for a revival
Help us to re-write the Volcker rule, says US bank regulator2 months ago
OCC gives first indication that regulators may be willing to exclude CLOs from the definition of “covered funds”
Regulators delay implementation of STS rules4 months ago
Regulators in Europe have opted to take a slow and steady approach to implementing new simple, transparent and standardised (STS) and revamped risk retention rules.
US Treasury proposals could breathe new life into CLO market-making4 months 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 regulation4 months 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 rules4 months 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 guidelines5 months 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 lenders5 months 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 20177 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-up10 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 retention10 months ago
LSTA sees rising chance of risk retention reform
Basel committee eases capital charges on STC securitisations1 year 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 originators1 year 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.
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