Last week the Basel Committee on Banking Supervision (BCBS) and IOSCO released a discussion paper on Simple, Transparent and Comparable (STC) short-term securitization, along with a companion report on capital…Read More
BCBS and IOSCO propose criteria for identifying simple, transparent and comparable short-term securitisations
The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) today released the consultative document Criteria for identifying simple, transparent and comparable short-term securitisations (the short-term STC…Read More
Finadium report: Guarantees vs. Collateral: Risk in ABCP, Collateralized Commercial Paper and New Structured Products
A new report from Finadium looks at the risk profiles of Asset-backed Commercial Paper (ABCP), Collateralized Commercial Paper and short-term products with new names but similar economic outcomes. Investors must…Read More
Will the OFR and NY Fed Repo tracking project capture financing outside of traditional repo products? Not likely.
The Federal Reserve and the OFR have been working on a project to track the repo markets. But will they be able to capture everything that is economically a financing…Read More