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12 December 2012
The first asset-backed security trade to attract the PCS label has closed. Here’s how it could reinvigorate European securitisation
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11 December 2012
The first Russian covered bond issuance to receive a rating higher than its issuer could prompt more use of the capital raising tool by the country’s fragmented banking sector
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19 July 2012
The first Portuguese ABS deal in five years prioritised reserve fund replenishment, removed counterparty risk, and used an exposure portfolio mechanism to cover set-off risk
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13 November 2012
A CFTC interpretive letter on cleared collateral segregation is likely to spur resistance within the financial industry without significantly reducing systemic risk, US lawyers have warned
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02 August 2012
China’s National Association of Financial Market Institutional Investors (NAFMII) has released draft rules for a securitisation instrument for non-financial issuers. Here’s why this could signal the reopening of China’s securitisation market
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24 July 2012
Following release of the European Commission’s (EC) finalised draft rules on packaged retail investment products (Prips) on July 3, the countdown to implementation has begun. But market participants are debating whether fundamental issues stemming from the key investor document (KID) will result in Prips no longer being sold to retail investors
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18 July 2012
The success of the European Investment Bank’s (EIB) recently approved project bond programme will depend on the efficacy of the first deal template, lawyers have said