Structured finance

News analysis

  • There's just no one else

    01 December 2009

    Why are US mortgage Reits so popular, given that so many failed during the financial crisis? Because there are no banks

  • What is a mortgage Reit?

    10 November 2009

    Reits and their history explained

  • Philippine Reits structure prompts concern

    01 November 2009

  • A practical response, please

    01 November 2009

    Don't pick apart the proposals of the Hong Kong SFC on protecting investors. Suggest practical alternatives that still fit their spirit

  • Clearing isn't working, yet

    01 November 2009

    Market-driven reform of derivatives has been impressive. But the most controversial instruments have yet to be dealt with. A solution must be found, fast

  • Iosco advice unwelcome and costly

    01 October 2009

  • Let's clear the way for CDS

    01 October 2009

    Wary of overly restrictive regulation, the derivatives industry is driving measures to improve the transparency and clearing of OTC instruments. But will its efforts be enough?

  • A cautious start

    01 October 2009

    The fallout from minibonds arranged by Lehman Brothers shocked Hong Kong, and brought retail structured products to a halt. But now it's making a tentative return

  • Who should regulate OTC derivatives?

    01 September 2009

    Barack Obama has proposed legislation that forces the CFTC and SEC to adopt joint rules for over-the-counter derivatives, but no one thinks they'll find a balance of power

  • Securitisation is back

    01 September 2009

    And structuring is key to new deals - whether it's to placate investors, create a new market or make the best of regulation

  • Why I agreed with John

    01 September 2009

    Philip McBride Johnson, ex-CFTC chairman, argues that the accord he created 28 years ago should still decide how OTC derivatives are regulated

  • How should derivatives be regulated?

    01 July 2009

    Over-the-counter products have earned themselves a poor reputation over the past two years, but new regulation should be careful not to destroy them completely

  • Local power, no solution

    01 July 2009

    The regulation about to come into force will create arbitrage between national supervisors, stunt international cooperation and fail to solve the problems with ratings themselves

  • How to deal with a downgrade

    01 July 2009

    Structured transactions are running into problems with letters of credit from downgraded banks. Here are the options available