Structured finance & securitisation guide 2012

• Why CRA3 must be scrapped

  Unnecessary, counterproductive and politically driven. The experts make a case against the EU’s latest round of proposed rating agency reforms

• How to save European securitisation

  BNP Paribas’ global head of securitisation on the regulations holding back market growth

• Cayman SPVs: making a good product better

  Alasdair Robertson and Mark Matthews of Maples and Calder outline the key features and benefits of a Cayman Islands special purpose vehicle

• Careful consideration needed for Japanese-law securitisations

  Tetsuya Itoh of Anderson Mori & Tomotsune examines the factors to consider when choosing a Japanese-law vehicle for a securitisation transaction

• Risks to watch under Panamanian future flow securitisation

  Ricardo M Arango of Arias Fábrega & Fábrega outlines potential legal risks when structuring future flow securitisations of credits in Panama

• South Africa’s developing financial markets regulation analysed

  Clinton van Loggerenberg of Edward Nathan Sonnenbergs in South Africa looks at the country’s developing financial market legislation

• How recent legislative proposals impact South Korean structured finance

  Young-Hee Jo of Shin & Kim on the impact of new legislative proposals on Korea’s sophisticated securitisation and structured finance market

• Euro exit and redomination risk: a UK perspective