This article describes the current challenges in developing a European MM CLO market, and how asset managers may overcome them.
Originally published in Butterworths Journal of International Banking and Financial Law -...more
Firms will need to update their internal procedures and ensure they are ready to comply with the new requirements ahead of 1 November 2024.
HM Treasury (HMT), the Financial Conduct Authority (FCA), and the Prudential...more
In this article the authors consider the benefits of private portfolio financings in light of challenging conditions for CLO issuance.
Originally published in Butterworths Journal of International Banking and Financial Law...more
The new securitisation framework will combine three sets of overlapping rules, in an effort to repeal and replace retained EU law in the UK.
The missing piece of the puzzle to the UK’s new securitisation framework became...more
8/17/2023
/ AIFM ,
Banking Sector ,
Capital Requirements ,
Consultation ,
EU ,
Financial Conduct Authority (FCA) ,
FSMA ,
OECD ,
Proposed Rules ,
Prudential Regulation Authority (PRA) ,
Risk Retention ,
Securitization ,
Securitization Vehicles ,
Special Purpose Entities ,
Transparency ,
UK
On 25 January 2023, the US Securities and Exchange Commission (SEC) proposed a far-reaching rule (Rule 192) to prohibit securitisation transactions involving or resulting in a material conflict of interest between certain...more