Asset-backed securities
Sarb says new interest rate benchmarks may be calculated with ‘actual’ transactions
Current benchmark rate based on flawed market data, South African central bank says
Fed to expand market data collection efforts
The scope and availability of data must keep up with evolving markets, Lael Brainard says
Securitisation did not increase for most banks before 2008 - BoI paper
Data from 1991 to 2007 shows banks improved capital ratios after securitising assets
Central banks still value diversification, say reserve managers
Rise in US yields does not outweigh the benefits of forex diversification, say Nalm delegates
Ireland nominates Lane for ECB vice-presidency
Irish governor has track record as academic economist and senior ESRB figure
Sovereign bond-backed securities could improve eurozone stability – ESRB
Regulations would need to change and treatment of sovereign bonds would be vital, argues Central Bank of Ireland Governor
Mersch criticises Commission over securitisation regulation
Some ‘STS’ provisions reduce transparency and increase complexity, ECB board member says
BCBS and Iosco publish draft securitisation criteria
Document focuses on “simple, transparent and comparable” asset-backed commercial paper securitisations
Divergent monetary policies are top concern for reserve managers in 2016
Asset and currency diversification continues, despite US rate rise
EBA sets out standards for weighing securitisation ratings
Regulators should stick with qualitative approach “in the short term”, authority says
‘Closed’ nature of eurozone banks increases vulnerability, Portuguese paper says
US banks are more geographically diversified and hence less fragile, says researcher
Increases in securitisation may lead to under-pricing of risk, study argues
Securitisation may drive down cost of risk for banks, but could leave risk unchanged
China CLO market stutters on economic slowdown
Increase in liquidity and a rise in NPLs slow China structured credit market
EBA calls for more risk-sensitive securitisation regulation
Banking Authority recommends end to ‘one-size-fits-all’ capital treatment
Bank of England's Rule says reigniting securitisation market will take time
Return to 'fragile' pre-crisis market would be counterproductive
IMF report says ‘time has never been more right' to reform securitisation markets
Staff report emphasises need to make securitisation practices more robust while spurring demand
RBA markets head details Australian approach to securitisation
Chris Aylmer outlines RBA's approach to ABS risk management
Draghi dismisses reports of ECB rift
ECB president says council dinner 'better than expected'
ECB staff told to prepare for further measures
Mario Draghi clarifies balance sheet target
European Banking Authority unveils framework for classifying high-quality securitisations
Higher quality securitisations may benefit from lighter regulation
ECB reveals details of asset purchases
Draghi says ‘potential universe of purchases’ is up to €1 trillion
ECB cuts rates and launches asset purchases
Governing council moves to address slide in inflation expectations
Israeli officials look to remove obstacles to securitisation
Report published by Bank of Israel recommends ‘major legislative amendments’
ECB hiring consultant to help design ABS programme
President Draghi praises 'swift and effective' treatment of BES