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  •  
  • IOSCO and CPSS Consult On Policy Guidance for Central Counterparties and Trade Repositories in the OTC Derivatives Market
    ( International Organization of Securities Commissions (IOSCO) )
    The Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) have today issued two consultative reports containing proposals aimed at ...more
    (5/12/2010)
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  • Regulatory Implementation of the Statement of Principles Regarding the Activities of Credit Rating Agencies, Report of the Technical Committee of IOSCO
    ( International Organization of Securities Commissions (IOSCO) )
    The International Organization of Securities Commissions' Technical Committee has published for public comment this Consultation Report on Regulatory Implementation of the Statement of Principles Regarding the Activities of Credit Rating ...more
    (5/7/2010)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 32
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (5/5/2010)
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  • Asset-Backed Securities: Proposed Rules
    We are proposing significant revisions to Regulation AB and other rules regarding the offering process, disclosure and reporting for asset-backed securities. Our proposals would revise filing deadlines for ABS offerings to provide investors with more ...more
    U.S. Securities & Exchange Commission (5/3/2010)
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  • Results of the Public Consultation on the Provision of ABS Loan-Level Information in the Eurosystem Collateral Framework
    On 23 December 2009 the European Central Bank (ECB) launched a public consultation on loan-by-loan information requirements for asset-backed securities (ABSs) in the Eurosystem collateral framework. The public consultation included six questions ...more
    European Central Bank (4/23/2010)
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  • U.S. Securitization Report
    Investors are buying consumer-backed loans at a fast pace, giving hope to a market that continues to rise in its first month without government support. Despite high unemployment and a slow economic recovery, the deals are reassuring investors ...more
    BMO Capital Markets -- Asset Securitization Group (4/20/2010)
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  • Year in Review 2010 - Brazilian Structured Finance
    The year 2009 tested the Brazilian structured finance market's resilience. On the one side, there was the international scenario, with the United States of America at the financial storm's epicenter. On the other, the financial crisis' impact on the real  ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/13/2010)
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  • IOSCO Publishes Disclosure Principles for Public Offerings and Listings of Asset Backed Securities
    ( International Organization of Securities Commission (IOSCO) )
    The Technical Committee of the International Organization of Securities Commission (IOSCO) has published a final report - Disclosure Principles for Public Offerings and Listings of Asset Backed Securities (ABS Disclosure Principles) - containing ...more
    (4/8/2010)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 30
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/6/2010)
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  • U.S. Securitization Report
    The latest news and transactions in the securitization market. The non-CMBS TALF program expired on March 4, 2010, which saw six companies issue $7.3 billion of TALF eligible ABS. TALF investors continued to sell, as they looked to reallocate into new ...more
    BMO Capital Markets -- Asset Securitization Group (3/19/2010)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 29
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (3/19/2010)
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  • Year in Review - 2010: Brazilian Real Estate Finance and Securitization
    Brazilian Real Estate Finance and Securitization is now available! Readers will find in a single volume the market's most complete compendium of information about the Brazilian real estate finance and securitization markets. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (3/19/2010)
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  • International regulators publish systemic risk data requirements for hedge funds
    ( International Organization of Securities Commissions (IOSCO) )
    The International Organization of Securities Commissions' Technical Committee has published details of an agreed template for the global collection of hedge fund information which it believes will assist in assessing possible systemic risks arising from ...more
    (2/25/2010)
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  • Investor's Guide to Brazilian Real Estate Investment Funds
    This first-of-a-kind publication is a succinct and objective presentation of Brazilian Real Estate Investment Funds, their main terms and conditions, principal characteristics, classification by type as well as market data consolidated in tables and chart ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (11/11/2009)
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  • ABS Newsletter
    ( Chatham Financial )
    After years of discussion and debate, on June 12, 2009, the FASB issued two new Standards that significantly impact the way reporting entities account for and consolidate transferred assets: SFAS 166 and 167. The aim is to broadly provide better ...more
    (11/11/2009)
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  • SIFMA Research Quarterly
    Third quarter 2009 started off with a steady stream of financial reform proposals from the Obama Administration, continued with the announcement of the expiration and wind-down of several government intervention programs, and closed with the first ...more
    SIFMA - Securities Industry and Financial Markets Association (11/5/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 20
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (11/4/2009)
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  • IASB Update: October 2009. Board Decisions on International Financial Reporting Standards
    This IASB Update is a staff summary of the tentative decisions reached by the Board at a public meeting. As a project progresses, the Board can, and sometimes does, modify its earlier tentative decisions. Tentative decisions do not change existing ...more
    International Accounting Standards Board (IASB) (10/26/2009)
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  • Adoption of Updated EDGAR Filer Manual
    The Securities and Exchange Commission is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) Filer Manual to reflect updates to the EDGAR system made in EDGAR Release 9.17. The revisions were made primarily ...more
    U.S. Securities & Exchange Commission (10/26/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 19
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (10/20/2009)
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  • Extension of Filing Accommodation for Static Pool Information in Filings With Respect to Asset-Backed Securities
    The Commission proposes to amend Rule 312 of Regulation S-T which provides a temporary filing accommodation for filings with respect to asset-backed securities that allows static pool information required to be disclosed in a prospectus to be ...more
    U.S. Securities & Exchange Commission (10/19/2009)
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  • FSA sets out major reforms for the mortgage market
    The Financial Services Authority (FSA) today sets out proposals for the major reforms required in the UK mortgage market to ensure that it works better for consumers and is sustainable for all ...more
    Financial Services Authority (FSA) (10/19/2009)
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  • A Joint Report of the SEC and the CFTC on Harmonization of Regulation
    On June 17, 2009, the Administration released a White Paper on Financial Regulatory Reform ("Treasury White Paper" or "White Paper"), outlining a plan for comprehensive financial reform to set the foundation for restoring confidence in the integrity of ...more
    U.S. Securities & Exchange Commission (10/16/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 18
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (10/2/2009)
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  • Joint Forum Final Release of Report on Special Purpose Entities
    The number and complexity of special purpose entity (SPE) structures increased significantly over the prior several years through 2007 in conjunction with the growth of markets for securitisation and structured finance products, but have ...more
    Basel Committee on Banking Supervision (9/29/2009)
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  • Incentives and tranche retention in securitisation: a screening model
    This paper examines the power of different contractual mechanisms to influence an originator's choice of costly effort to screen borrowers when the originator plans to securitise its loans. The analysis focuses on three potential mechanisms: the ...more
    Bank for International Settlements (BIS) (9/29/2009)
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  • IASB Update: September 2009. Board Decisions on International Financial Reporting Standards
    This IASB Update is a staff summary of the tentative decisions reached by the Board at a public meeting. As a project progresses, the Board can, and sometimes does, modify its earlier tentative decisions. Tentative decisions do not change existing ...more
    International Accounting Standards Board (IASB) (9/25/2009)
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  • ISDA Highlights Derivatives Industry Progress; Remains Committed to Further Improvements
    Amidst the economic and financial markets instability of the past two years, the International Swaps and Derivatives Association, Inc. (ISDA) and the privately negotiated derivatives industry have made significant progress in improving and standardizing ...more
    International Swaps and Derivatives Association, Inc. (9/24/2009)
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  • IOSCO consults on transparency of structured finance products
    ( International Organisation of Securities Commissions )
    The International Organisation of Securities Commissions (IOSCO) Technical Committee has published a consultation report on Transparency of Structured Finance Products. The Report sets out a number of factors to be considered by market authorities  ...more
    (9/23/2009)
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  • Statement of the Monitoring Board for the International Accounting Standards Committee Foundation on Principles for Accounting Standards and Standard Setting
    ( IASC Foundation Monitoring Board )
    The International Accounting Standards Committee Foundation Monitoring Board is composed of securities regulators from both larger and emerging markets. As authorities responsible for deciding upon the accounting standards to be used for ...more
    (9/22/2009)
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  • Financial Accounting Foundation Endorses Statement of the International Accounting Standards Committee Foundation Monitoring Board
    The Board of Trustees of the Financial Accounting Foundation has expressed support for the "Statement on Principles for Accounting Standards and Standard Setting" issued by the International Accounting Standards Committee Foundation Monitorin ...more
    Financial Accounting Standards Board (FASB) (9/22/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 17
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (9/18/2009)
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  • SEC Votes on Measures to Further Strengthen Oversight of Credit Rating Agencies
    The Securities and Exchange Commission today voted unanimously to take several rulemaking actions to bolster oversight of credit ratings agencies by enhancing disclosure and improving the quality of credit ratings. Credit rating agencies are organizations ...more
    U.S. Securities & Exchange Commission (9/17/2009)
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  • SEC and UK FSA Discuss Approaches to Global Regulatory Requirements
    Securities and Exchange Commission Chairman Mary Schapiro and Hector Sants, Chief Executive of the UK Financial Services Authority (FSA), today announced plans to explore common approaches to reporting and other regulatory requirements for key market ...more
    U.S. Securities & Exchange Commission (9/16/2009)
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  • IOSCO publishes regulatory standards for Funds of Hedge Funds
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions (IOSCO) has published Elements of International Regulatory Standards on Funds of Hedge Funds Related Issues Based on Best Market Practices containing standards aimed at addressing ...more
    (9/14/2009)
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  • The future of securitisation: how to align incentives?
    This article reviews the recent collapse of global securitisation markets and the loss of investor confidence in them. It then sets out measures that could be taken to revive and strengthen the securitisation process, including mechanisms based on ...more
    Bank for International Settlements (BIS) (9/14/2009)
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  • Central counterparties for over-the-counter derivatives
    Wider use of central counterparties (CCPs) for over-the-counter derivatives has the potential to improve market resilience by lowering counterparty risk and increasing transparency. However, CCPs alone are not sufficient to ensure the resilience and ...more
    Bank for International Settlements (BIS) (9/14/2009)
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  • IOSCO Issues Final Regulatory Recommendations on Securitisation and CDS Market
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions' Technical Committee has published Unregulated Financial Markets and Products - Final Report prepared by its Task Force on Unregulated Financial Markets and Products. The Report ...more
    (9/4/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 16
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (9/3/2009)
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  • FASB Issues Exposure Draft for Proposed Accounting Standards Update, Improving Disclosures about Fair Value Measurements
    The Financial Accounting Standards Board (FASB) has issued an Exposure Draft (ED) of a proposed Accounting Standards Update intended to improve disclosures about fair value measurements. The proposed Update would improve Fair Value ...more
    Financial Accounting Standards Board (FASB) (8/28/2009)
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  • Guiding principles for the replacement of IAS 39
    The high level principles released today by the Basel Committee are a response to recommendations made by the G20 leaders at their April 2009 summit to strengthen financial supervision and regulation. The G20 leaders called on "the accounting ...more
    Basel Committee on Banking Supervision (8/27/2009)
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  • SEC's Role Regarding and Oversight of Nationally Recognized Statistical Rating Organizations (NRSROs)
    The Nationally Recognized Statistical Rating Organizations (NRSRO), which are credit rating agencies that have been approved by the Commission, may have played a critical role in the current economic crisis and have been criticized in the past when ...more
    U.S. Securities & Exchange Commission (8/27/2009)
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  • Developments in (Re) Insurance Securitisation
    ( International Association of Insurance Supervisors )
    This report discusses the issue of insurance (i.e. liability-based) securitisation, looking at its main characteristics and functions, key similarities and differences with banking securitisation, and current approaches to its regulation and supervision. ...more
    (8/26/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 15
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (8/19/2009)
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  • Transparency and over-the-counter derivatives: The role of transaction transparency
    Privately-negotiated derivatives are frequently criticized for a perceived lack of transparency. Characterizations such as "murky," "opaque," and "anonymous" appear regularly in the financial press. The apparent implication is that financial markets would ...more
    International Swaps and Derivatives Association, Inc. (8/13/2009)
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  • Measures adopted by CESR Members on short selling: Updated
    EU securities regulators are closely monitoring the functioning of the markets under the current circumstances and are considering together possible actions which might be taken to contribute to orderly functioning markets. Any such actions will be taken  ...more
    Committee of European Securities Regulators (8/6/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 14
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (8/5/2009)
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  • FASB Board Proposes Update to FAS 157
    FAS 157-improving disclosures about fair value measurements. After discussing the feedback received from field study participants on the proposed disclosure requirements, the Board directed the staff to draft a proposed Accounting Standards Update to ...more
    Financial Accounting Standards Board (FASB) (8/5/2009)
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  • IASB Update: July 2009. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (8/4/2009)
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  • Classification and identification of OTC derivative instruments for the purpose of the exchange of transaction reports amongst CESR Members
    Competent authorities (''CAs'') throughout the European Economic Area are committed to detecting market abuse and maintaining the integrity of their markets. The receipt and examination of transaction reports are essential elements in enabling CAs to ...more
    Committee of European Securities Regulators (7/22/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 13
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (7/21/2009)
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  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (7/16/2009)
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  • ASF Project RESTART Releases Disclosure and Reporting Packages, Representations and Warranties Request for Comment
    On July 15, the American Securitization Forum announced the next phases of ASF's Project on Residential Securitization Transparency and Reporting ("ASF Project RESTART" or the "Project"), an initiative aimed at restoring investor confidence in mortgage ...more
    American Securitization Forum (7/15/2009)
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  • IASB proposes improvements to financial instruments accounting
    The International Accounting Standards Board today published for public comment an exposure draft of proposals to improve financial instrument accounting. The proposals form part of the IASB's comprehensive review of financial instrument accounting. ...more
    International Accounting Standards Board (IASB) (7/14/2009)
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  • Basel II capital framework enhancements announced by the Basel Committee
    At its 8-9 July meeting, the newly expanded Basel Committee on Banking Supervision approved a final package of measures to strengthen the 1996 rules governing trading book capital and to enhance the three pillars of the Basel II framework. ...more
    Basel Committee on Banking Supervision (7/13/2009)
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  • Enhancements to the Basel II framework
    The proposals for enhancing the Basel II framework have been finalised. The Committee is strengthening the treatment for certain securitisations in Pillar 1 (minimum capital requirements). It is introducing higher risk weights for resecuritisation ...more
    Basel Committee on Banking Supervision (7/13/2009)
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  • CESR recommends the Commission to introduce a mandatory trade transparency regime for non-equity markets
    CESR publishes today its final report (Ref. CESR/09-348) and feedback statement (Ref. CESR/09-349) on the transparency of corporate bond, structured finance product and credit derivatives markets. CESR is of the view that current market-led ...more
    Committee of European Securities Regulators (7/10/2009)
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  • IASB publishes IFRS for SMEs
    The International Accounting Standards Board issued today an International Financial Reporting Standard (IFRS) designed for use by small and medium-sized entities (SMEs), which are estimated to represent more than 95 per cent of all companies. ...more
    International Accounting Standards Board (IASB) (7/9/2009)
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  • CESR Proposal for a Pan-European Short Selling Disclosure Regime
    CESR invites responses to this consultation paper by 30 September 2009. All contributions should be submitted online via CESR's website under the heading 'Consultations' at www.cesr.eu. All contributions received will be published following the close ...more
    Committee of European Securities Regulators (7/8/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 12
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (7/3/2009)
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  • FASB Accounting Standards Codification(TM) Launches Today
    The Financial Accounting Standards Board today launched the FASB Accounting Standards Codification(TM) as the single source of authoritative nongovernmental U.S. generally accepted accounting principles (GAAP). The Codification is effective for ...more
    Financial Accounting Standards Board (FASB) (7/1/2009)
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  • FINRA Takes Sweeping Action to Protect Muni Bond Investors
    ( Financial Industry Regulatory Authority (FINRA) )
    The Financial Industry Regulatory Authority announced today that it has launched a comprehensive initiative to survey retail sales practices in the municipal securities market, promote investor protection in that market and give retail investors online to ...more
    (6/30/2009)
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  • IOSCO Consults on Disclosure Requirements for Public Offerings of ABS
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions' Technical Committee has published a consultation paper on Disclosure Principles for Public Offerings and Listings of Asset-Backed Securities (ABS Disclosure Principles). ...more
    (6/29/2009)
  •  
  • IASB Update: June 2009. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (6/26/2009)
  •  
  • IOSCO publishes principles for hedge funds regulation
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions' (IOSCO) Technical Committee has today published Hedge Funds Oversight: Final Report which contains six high level principles that will enable securities regulators to address, in a collective and ...more
    (6/22/2009)
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  • IOSCO publishes principles for the effective regulation of short selling
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions' (IOSCO) Technical Committee has published a final report entitled Regulation of Short Selling which contains high level principles for the effective regulation of short selling. The principles were ...more
    (6/19/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 11
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (6/19/2009)
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  • ISDA Announces Market Practice Changes for European and Emerging Markets CDS
    The International Swaps and Derivatives Association, Inc. (ISDA) today announced market practice changes to the trading convention for credit default swaps (CDS) as an additional step towards achieving increased standardization, transparency and ...more
    International Swaps and Derivatives Association, Inc. (6/19/2009)
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  • Stocktaking on the use of credit ratings
    In its report to the G7 titled Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience, the Financial Stability Forum (FSF) requested the Joint Forum to conduct a stocktaking of the uses of external credit ratings ...more
    Basel Committee on Banking Supervision (6/15/2009)
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  • FASB Issues Statements 166 and 167 Pertaining to Securitizations and Special Purpose Entities
    The FASB today published Financial Accounting Statements No. 166, Accounting for Transfers of Financial Assets, and No. 167, Amendments to FASB Interpretation No. 46(R), which change the way entities account for securitizations and special-purpose ...more
    Financial Accounting Standards Board (FASB) (6/12/2009)
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  • SEC Approves Rule Establishing an Interim Pilot Program on Margin Requirements for Transactions in Credit Default Swaps
    ( Financial Industry Regulatory Authority (FINRA) )
    The Securities and Exchange Commission (SEC) has approved new FINRA Rule 4240, which establishes an interim pilot program (the Interim Pilot Program) with respect to margin requirements for certain transactions in credit default swaps (CDS) and ...more
    (6/3/2009)
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  • FASB Accounting Standards Codification(TM) to Officially Launch on July 1, 2009
    The Financial Accounting Standards Board (FASB) today voted to approve the FASB Accounting Standards Codification(TM) as the single source of authoritative nongovernmental U.S. Generally Accepted Accounting Principles (GAAP) to be launched on ...more
    Financial Accounting Standards Board (FASB) (6/3/2009)
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  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 10
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (6/3/2009)
  •  
  • ISDA Outlines Next Phase in Industry Efforts to Increase Efficiency and Reduce Risks in OTC Derivatives Business
    The International Swaps and Derivatives Association, Inc. (ISDA) today jointly submitted a letter with market participants and industry associations to the Federal Reserve Bank of New York. ISDA, through the ISDA Board Oversight Committee (IBOC), ...more
    International Swaps and Derivatives Association, Inc. (6/2/2009)
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  • SIFMA Offers Framework for OTC Derivatives Risk Management
    The Asset Management Group of the Securities Industry and Financial Markets Association (SIFMA) today outlined a framework for over the counter (OTC) derivatives risk management and market structure. SIFMA, along with the senior managements of a ...more
    SIFMA - Securities Industry and Financial Markets Association (6/2/2009)
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  • IASB publishes draft guidance on fair value measurement
    The International Accounting Standards Board (IASB) today published for public comment an exposure draft of draft guidance on fair value measurement. If adopted, the proposals would replace fair value measurement guidance contained in individual ...more
    International Accounting Standards Board (IASB) (5/28/2009)
  •  
  • IASB Update: May 2009. Board Decisions on International Financial Reporting Standards
    The Board discussed consolidation, various aspects of its work on financial instruments and credit risk in the measurement of liabilities. ...more
    International Accounting Standards Board (IASB) (5/28/2009)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (5/22/2009)
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  • Update on Comprehensive Review of Financial Instrument Accounting
    The International Accounting Standards Board (IASB) is reviewing accounting issues emerging from the global financial crisis, including those identified by the G20 and other international bodies such as the Financial Stability Forum (FSF). ...more
    International Accounting Standards Board (IASB) (5/22/2009)
  •  
  • Monitoring Group announces adoption of formal Charter
    ( International Organization of Securities Commissions (IOSCO) )
    The Monitoring Group, a group of international regulatory bodies and related organizations committed to advancing the public interest in areas related to international audit quality, announces the adoption of a formal Charter. The Monitoring Group meets ...more
    (5/19/2009)
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  • ECBDA Covered Bond Survey Shows Sustained Investor Appetite for Covered Bonds
    The ECBDA (European Covered Bond Dealers Association) today released its 1st Annual European Covered Bond Investors Survey. Completed by key European covered bond investors over the course of Q1 2009, the survey broadly represents the market with ...more
    SIFMA - Securities Industry and Financial Markets Association (5/19/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 9
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (5/19/2009)
  •  
  • Uqbar's Year in Review 2009 - Brazilian Real Estate Finance and Securitization
    Uqbar is a Rio de Janeiro based financial knowledge company focused on the Brazilian domestic securitization market. Founded in 2002 and operating in the areas of education, information and technology, Uqbar is the only local company fully dedicated ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (5/18/2009)
  •  
  • Findings on the Interaction of Market and Credit Risk
    The distinction between market and credit risk has been blurred by the development of credit risk transfer markets and the broad move to mark-to-market accounting for a wide variety of financial instruments. This has raised questions regarding ...more
    Basel Committee on Banking Supervision (5/14/2009)
  •  
  • IOSCO Publishes Interim Recommendations on Unregulated Financial Markets and Products
    ( International Organization of Securities Commissions (IOSCO) )
    The International Organization of Securities Commissions Technical Committee has published Unregulated Financial Markets and Products - Consultation Report prepared by its Task Force ...more
    (5/5/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 8
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (5/5/2009)
  •  
  • IASB Update: April 2009. Board Decisions on International Financial Reporting Standards
    IASB Update summarises the conclusions reached by the Board at its public meetings. All conclusions reported are tentative and may be changed or modified at future Board meetings. The International Accounting Standards Board met in public in London ...more
    International Accounting Standards Board (IASB) (4/30/2009)
  •  
  • Notice Of Filing Of Amendment To Rule G-8, On Books And Records, Relating To Auction Rate Securities And Variable Rate Demand Obligations
    ( Municipal Securities Rulemaking Board (MSRB) )
    On April 28, 2009, the Municipal Securities Rulemaking Board (MSRB) filed with the Securities and Exchange Commission (SEC), for immediate effectiveness, a proposed rule change to amend Rule G-8, books and records.[1] The proposed rule change would ...more
    (4/28/2009)
  •  
  • IASB sets out timetable for IAS 39 replacement and its conclusions on FASB FSPs
    The International Accounting Standards Board (IASB) today set out a detailed six-month timetable for publishing a proposal to replace its existing financial instruments standard, IAS 39 Financial Instruments: Recognition and Measurement. The IASB ...more
    International Accounting Standards Board (IASB) (4/24/2009)
  •  
  • SIFMA Research Report
    Securities Industry Employment Update. The U.S. Department of Labor's Bureau of Labor Statistics (BLS) estimated that national securities industry employment decreased by 0.8 percent in March and 3.4 percent in the first quarter of 2009. Securities ...more
    SIFMA - Securities Industry and Financial Markets Association (4/24/2009)
  •  
  • Year In Review 2009: Brazilian Real Estate Finance And Securitization
    We are pleased to present the first English language version of Uqbar's 2009 Year in Review - Brazilian Real Estate Finance and Securitization. As with our Portuguese language publications, this Year in Review brings a rich variety of data and information ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/21/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 7
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/17/2009)
  •  
  • Supervisory Guidance for Assessing Banks' Financial Instrument Fair Value Practices
    Over the past year, risk management and reporting issues related to bank valuations of complex or illiquid financial instruments, and the implications for regulatory capital requirements and bank supervision, have received considerable attention. ...more
    Basel Committee on Banking Supervision (4/15/2009)
  •  
  • Technical Amendments to Rules, Forms, Schedules and Codification of Financial Reporting Policies
    The Securities and Exchange Commission is adopting technical amendments to various rules, forms and schedules under the Securities Act of 1933 and the Securities Exchange Act of 1934. The Commission also is making certain technical changes to ...more
    U.S. Securities & Exchange Commission (4/15/2009)
  •  
  • IFSL Research: Securitisation 2009
    ( International Financial Services London )
    The global market for securitisation has slumped since September 2007 due to turbulence in credit markets, a lack of liquidity and a reduction in investors' tolerance of risk. These difficulties were triggered by the subprime crisis and compounded by the  ...more
    (4/14/2009)
  •  
  • Net Global Securitisation Issuance Slumps By 79 per cent to $441Bn in 2008
    ( International Financial Services London )
    Net global securitisation issuance slumped by 79 per cent from $2,138bn in 2007 to $441bn in 2008, according to the annual Securitisation report by International Financial Services London (IFSL), the independent organisation promoting UK ...more
    (4/14/2009)
  •  
  • FASB Issues Final Staff Positions to Improve Guidance and Disclosures on Fair Value Measurements and Impairments
    The FASB today issued three final Staff Positions (FSPs) intended to provide additional application guidance and enhance disclosures regarding fair value measurements and impairments of ...more
    Financial Accounting Standards Board (FASB) (4/9/2009)
  •  
  • SEC Seeks Comments on Short Sale Price Test and Circuit Breaker Restrictions
    The Securities and Exchange Commission today voted unanimously to seek public comment on whether short sale price restrictions or circuit breaker restrictions should be imposed and whether such measures would help promote market stability and restore ...more
    U.S. Securities & Exchange Commission (4/8/2009)
  •  
  • ISDA Announces Successful Implementation of 'Big Bang' CDS Protocol; Determinations Committees and Auction Settlement Changes Take Effect
    The International Swaps and Derivatives Association, Inc. (ISDA) today announced the successful implementation of its 2009 ISDA Credit Derivatives Determinations Committees and Auction Settlement CDS Protocol ('Big Bang' Protocol). ...more
    International Swaps and Derivatives Association, Inc. (4/8/2009)
  •  
  • Adoption of Updated EDGAR Filer Manual
    The Securities and Exchange Commission is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) Filer Manual to reflect updates to the EDGAR system. The revisions are being made primarily to update EDGAR to ...more
    U.S. Securities & Exchange Commission (4/8/2009)
  •  
  • Direct Capital Closes New $100 Million Securitization Facility
    ( Direct Capital Corporation )
    Direct Capital Corporation announced today that it has closed a new $100 million equipment lease-backed commercial paper conduit securitization transaction with Key National Finance and participating conduits and banks. ...more
    (4/6/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 6
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/3/2009)
  •  
  • US Companies Preparing to Adopt International Financial Reporting Standards See Opportunity to Transform Their Finance Functions
    Chief financial officers and other executives of U.S.-listed companies believe the conversion from U.S. Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS) will present an opportunity to transform their ...more
    RiskCenter.com (4/1/2009)
  •  
  • Interactive Data to Improve Financial Reporting (Correction)
    We are making technical corrections to rules adopted in Release No. 33-9002 (January 30, 2009), which were published in the Federal Register on February 10, 2009 (74 FR 6776). The rules relate to requiring specified public companies and foreign ...more
    U.S. Securities & Exchange Commission (4/1/2009)
  •  
  • The Pricing of Subprime Mortgage Risk in Good Times and Bad: Evidence From the ABX.HE Indices
    This paper investigates the market pricing of subprime mortgage risk on the basis of data for the ABX.HE family of indices, which have become a key barometer of mortgage market conditions during the recent financial crisis. After an introduction into ABX  ...more
    Bank for International Settlements (BIS) (3/31/2009)
  •  
  • IASB Update: March 2009. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (3/31/2009)
  •  
  • Addressing The Challenges Of UCC Filing And Searching In Washington, D.C.
    ( Clare Oliva, National Corporate Research, Ltd. )
    As lenders and their counsel know, Revised Article 9, õ9-307(c), which became effective in July 2001, requires filing in Washington, D.C. for debtors that are not "registered organizations,'" such as foreign entities, where the chief executive office is ...more
    (3/30/2009)
  •  
  • The Hierarchy of Generally Accepted Accounting Principles: a replacement of FASB Statement No. 162
    This Statement would modify the U.S. generally accepted accounting principles (GAAP) hierarchy created by FASB Statement No. 162, The Hierarchy of Generally Accepted Accounting Principles, by establishing only two levels of GAAP: authoritative and ...more
    Financial Accounting Standards Board (FASB) (3/27/2009)
  •  
  • IOSCO consults on regulatory approach to short selling
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions' (IOSCO) Technical Committee has published a consultation report entitled Regulation of Short Selling prepared by its Task Force on Short Selling (Task Force), which contains proposed principles ...more
    (3/23/2009)
  •  
  • Hedge Funds Oversight: Consultation Report
    ( International Organisation of Securities Commissions )
    The IOSCO Technical Committee has published for public comment this consultation report on Hedge Funds Oversight. The Report makes preliminary recommendations of regulatory approaches that may be used to mitigate the regulatory risks posed by hedge ...more
    (3/19/2009)
  •  
  • FINRA Proposes Pilot Program for Margining Credit Default Swaps
    ( FINRA - Financial Industry Regulatory Authority )
    The Financial Industry Regulatory Authority (FINRA) today announced that is has proposed a pilot program for the margining of credit default swaps (CDS) by FINRA-registered firms that clear CDS transactions on the Chicago Mercantile Exchange, other ...more
    (3/18/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 5
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (3/18/2009)
  •  
  • FASB Issues Proposals to Improve Guidance on Fair Value Measurements and Impairments
    The FASB today issued two proposed staff positions (FSPs) intended to provide additional application guidance regarding fair value measurements and impairments of securities. Proposed FSP FAS 157-e, Determining Whether a Market Is Not Active and ...more
    Financial Accounting Standards Board (FASB) (3/17/2009)
  •  
  • SIFMA Research Report
    Capital Market Issuance Declined to $5.0 Trillion in 2008. Securities issuance totaled $871.1 billion in the fourth quarter of 2008, down 11.2 percent from issuance in the third quarter. Full-year issuance reached $5.0 trillion, a 23.2 percent decline ...more
    SIFMA - Securities Industry and Financial Markets Association (3/13/2009)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (3/12/2009)
  •  
  • Senior Supervisors Group Issues Report on Management of Recent Credit Default Swap Credit Events
    The Senior Supervisors Group that comprises senior financial supervisors from seven countries (United States, Canada, France, Germany, Japan, Switzerland, United Kingdom) today issued a report that assesses how firms manage their credit default ...more
    U.S. Securities & Exchange Commission (3/9/2009)
  •  
  • IASB enhances financial instruments disclosures
    The International Accounting Standards Board (IASB) today issued amendments that improve the disclosure requirements about fair value measurements and reinforce existing principles for disclosures about the liquidity risk associated with financial ...more
    International Accounting Standards Board (IASB) (3/5/2009)
  •  
  • IOSCO Publishes Recommendations to Enhance Commodity Futures Markets Oversight
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions' (IOSCO) Technical Committee has today published a final report prepared by its Task Force on Commodity Futures Markets (Task Force) which contains recommendations to improve the supervision of ...more
    (3/5/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 4
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (3/4/2009)
  •  
  • IASB Update: February 2009. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (2/26/2009)
  •  
  • Transparency of Corporate Bond, Structured Finance Product and Credit Derivatives Markets
    On behalf of our members, the International Capital Market Association (ICMA), the International Swaps and Derivatives Association (ISDA), the Securities Industry and Financial Markets Association (SIFMA), the London Investment Banking ...more
    European Securitisation Forum (2/24/2009)
  •  
  • Wilmington Trust Strikes Corporate Debt Trustee Deal with Bank of America
    Wilmington Trust Company (2/19/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 3
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (2/18/2009)
  •  
  • FASB Initiates Projects to Improve Measurement and Disclosure of Fair Value Estimates
    Robert H. Herz, Chairman of the Financial Accounting Standards Board (FASB), today announced the addition of new FASB agenda projects intended to improve (1) the application guidance used to determine fair values and (2) disclosure of fair value ...more
    Financial Accounting Standards Board (FASB) (2/18/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 2
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (2/11/2009)
  •  
  • Direct Capital Extends $100mm Securitization Facility
    ( Direct Capital Corporation )
    Direct Capital Corporation announced today that it recently extended a $100 million lease-backed commercial paper conduit securitization transaction. The transaction originally closed in December 2004 and was renewed in January 2009, ...more
    (2/5/2009)
  •  
  • Roadmap for the Potential Use of Financial Statements Prepared in Accordance With International Financial Reporting Standards by U.S. Issuers
    The Securities and Exchange Commission is extending the comment period for a release proposing a Roadmap for the potential use of financial statements prepared in accordance with International Financial Reporting Standards as issued by ...more
    U.S. Securities & Exchange Commission (2/3/2009)
  •  
  • Amendments to Rules for Nationally Recognized Statistical Rating Organizations
    The Commission is adopting rule amendments that impose additional requirements on nationally recognized statistical rating organizations ("NRSROs") in order to address concerns about the integrity of their credit rating procedures and methodologies. ...more
    U.S. Securities & Exchange Commission (2/2/2009)
  •  
  • Urgency Mounts as Industry Heads to Vegas
    The almost 4,000 securitization professionals headed to next month's industry gathering in Las Vegas are desperate to revive their decimated corner of the financial market. So forget the extravagant parties of years past. Always an optimistic lot, ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (1/30/2009)
  •  
  • FASB Issues Proposed Staff Position FAS 107-b and APB 28-a, Interim Disclosures about Fair Value of Financial Instruments
    Comment Deadline: March 2, 2009. This proposed FASB Staff Position (FSP) would amend FASB Statement No. 107, Disclosures about Fair Value of Financial Instruments, to require disclosures about fair value of financial instruments in interim financial ...more
    Financial Accounting Standards Board (FASB) (1/30/2009)
  •  
  • IASB Update: January 2009. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (1/30/2009)
  •  
  • Incorporating Nonperformance Risk in Interest Rate and Foreign Exchange Derivative Valuations in Accordance with FAS 157
    ( Chatham Financial )
    The objective of this white paper is to discuss the process, methods, and assumptions used to calculate valuations for interest rate and foreign exchange derivatives in accordance with the provisions of Statement of Financial Accounting Standards ...more
    (1/29/2009)
  •  
  • Uqbar's Radar of the Brazilian structured finance market, Edition No. 1
    ( Uqbar, Rio de Janeiro, Brazil )
    The Radar is a free service for the financial market offered by Uqbar. Here you will be able to follow on a bi-monthly basis indexes, announcements, rankings and events about the domestic Brazilian securitization market. ...more
    (1/29/2009)
  •  
  • NASAA Offers Pro-Investor Legislative Agenda
    ( North American Securities Administrators Association (NASAA) )
    State securities regulators today called upon Congress to take bold actions to better protect Main Street investors amid the increasing challenges of a faltering economy. The North American Securities Administrators Association (NASAA) outlined a sweeping ...more
    (1/29/2009)
  •  
  • Wilmington Trust Named as Successor Indenture Trustee in LyondellBasell Industries Case and Appointed to Unsecured Creditors' Committee
    Wilmington Trust Company (1/23/2009)
  •  
  • SIFMA Research Report
    The U.S. broker-dealers reported a pre-tax loss of $8.7 billion in third quarter 2008 amidst the financial market meltdown, credit market freeze and global economic weakness. Gross revenues were $70.4 billion in 3Q'08, a 20.8 percent decline from the ...more
    SIFMA - Securities Industry and Financial Markets Association (1/21/2009)
  •  
  • Enhancements to the Basel II Framework, including the capital regime for trading book positions
    The Basel II capital framework remains a top priority for the Basel Committee, both in terms of maintaining its effectiveness and its implementation. Once implemented, Basel II provides comprehensive tools for banks and bank supervisors ...more
    Basel Committee on Banking Supervision (1/16/2009)
  •  
  • Proposed enhancements to the Basel II framework
    The Basel Committee has finalised its proposals for enhancing the Basel II framework in the area of securitisation and more specifically for dealing with resecuritisations. These enhancements are intended to strengthen the framework and respond to ...more
    Basel Committee on Banking Supervision (1/16/2009)
  •  
  • Temporary Exemptions For Eligible Credit Default Swaps To Facilitate Operation Of Central Counterparties To Clear And Settle Credit Default Swaps
    We are adopting interim final temporary rules providing exemptions under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Trust Indenture Act of 1939 for certain credit default swaps to facilitate the operation of one or more ...more
    U.S. Securities & Exchange Commission (1/14/2009)
  •  
  • FSA confirms extension of short selling disclosure regime
    The Financial Services Authority (FSA) has today confirmed that it will extend its disclosure obligation for short selling of stocks in UK financial sector companies until 30 June 2009. The decision follows strong support for the proposals on which the ...more
    Financial Services Authority (FSA) (1/14/2009)
  •  
  • FASB Issues Proposed Statement 133 Implementation Issue C22, Exception Related to Embedded Credit Derivatives
    This proposed Implementation Issue would amend the accounting and reporting requirements of paragraph 14B of Statement 133 to provide clarifying language to Statement 133 regarding when embedded credit derivative features, including those in ...more
    Financial Accounting Standards Board (FASB) (1/14/2009)
  •  
  • Indexed Annuities and Certain Other Insurance Contracts
    We are adopting new rule 151A under the Securities Act of 1933 in order to clarify the status under the federal securities laws of indexed annuities, under which payments to the purchaser are dependent on the performance of a securities index. ...more
    U.S. Securities & Exchange Commission (1/9/2009)
  •  
  • Principles for sound stress testing practices and supervision
    The depth and duration of the financial crisis has led many banks and supervisory authorities to question the adequacy of stress testing practices prior to and during the crisis. Not only was the crisis far more severe in many respects than was indicated  ...more
    Basel Committee on Banking Supervision (1/6/2009)
  •  
  • An Investor's Guide: Credit Securities in the Brazilian Structured Finance Market
    In this first publication of its kind, you will find a succinct and objective presentation of the main securities used in the Brazilian structured finance market, including data and market statistics for each one and an exclusive chapter prepared by the ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (1/5/2009)
  •  
  • Congressionally-Mandated Study Says Improve, Do Not Suspend, Fair Value Accounting Standards
    The Securities and Exchange Commission today delivered a report to Congress mandated by the Emergency Economic Stabilization Act of 2008 that recommends against the suspension of fair value accounting standards. Rather, the 211-page report by the ...more
    U.S. Securities & Exchange Commission (12/30/2008)
  •  
  • SEC Approves Exemptions to Allow Central Counterparty for Credit Default Swaps
    The Securities and Exchange Commission today approved temporary exemptions allowing LCH.Clearnet Ltd. to operate as a central counterparty for credit default swaps. Today's action is an important step in stabilizing financial markets by reducing ...more
    U.S. Securities & Exchange Commission (12/23/2008)
  •  
  • IASB Update: December 2008. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (12/19/2008)
  •  
  • ISDA Research Notes
    The ISDA Market Survey: What the results show and what they don't show. The ISDA Market Survey is the longest-running global survey of over-the-counter derivatives, and has reported on privately-negotiated derivatives activity since 1987. The Survey began ...more
    International Swaps and Derivatives Association, Inc. (12/19/2008)
  •  
  • SEC Approves Interactive Data for Financial Reporting by Public Companies, Mutual Funds
    The Securities and Exchange Commission has voted to require public companies and mutual funds to use interactive data for financial information, which has the potential to increase the speed, accuracy and usability of financial disclosure and eventually ...more
    U.S. Securities & Exchange Commission (12/18/2008)
  •  
  • FASB Issues Proposed FASB Staff Position FAS 141(R)-a, Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies
    The Financial Accounting Standards Board (FASB) today issued proposed FASB Staff Position (FSP) FAS 141(R)-a, Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies. The proposed FSP would ...more
    Financial Accounting Standards Board (FASB) (12/15/2008)
  •  
  • FASB Issues FSP FAS 140-4 and FIN 46(R)-8, Disclosures by Public Entities (Enterprises) about Transfers of Financial Assets and Interests in Variable Interest Entities
    The Financial Accounting Standards Board (FASB) today issued FASB Staff Position (FSP) FAS 140-4 and FIN 46(R)-8, Disclosures by Public Entities (Enterprises) about Transfers of Financial Assets and Interests in Variable Interest Entities. The document ...more
    Financial Accounting Standards Board (FASB) (12/11/2008)
  •  
  • Developments in repo markets during the financial turmoil
    As the financial crisis deepened and unsecured interbank markets effectively shut down, repo market activity became increasingly concentrated in the very shortest maturities and against the highest-quality collateral. Repo rates for US Treasury collateral ...more
    Bank for International Settlements (BIS) (12/8/2008)
  •  
  • SEC, MSRB: New Measures to Provide More Transparency Than Ever Before for Municipal Bond Investors
    The Securities and Exchange Commission today announced that it has unanimously approved measures that will shine more light than ever before on the municipal securities market by tapping the power of the Internet. For the first time, investors will have a ...more
    U.S. Securities & Exchange Commission (12/8/2008)
  •  
  • Restoring Confidence in the Securitization Markets
    The securitization and structured credit markets have become critically important to the global capital markets, and thereby also to the world economies. The absence of wellfunctioning securitization markets negatively impacts consumers, banks, issuers ...more
    American Securitization Forum (12/3/2008)
  •  
  • Global Securitization Organizations Offer Immediate, Coordinated Industry Response to the Market Crisis; Identifies Problems, Offers Recommendations, Highlights Importance of Securitization
    The Global Joint Initiative to Restore Confidence in the Securitization Markets, including representatives from the global securitization industry, today identified the multiple factors which contributed to the current market crisis, presented the near- ...more
    SIFMA - Securities Industry and Financial Markets Association (12/3/2008)
  •  
  • Supervisory guidance for assessing banks' financial instrument fair value practices
    The application of fair value accounting to a wider range of financial instruments, together with experiences from the recent market turmoil, have emphasised the critical importance of robust risk management and control processes around fair value ...more
    Basel Committee on Banking Supervision (11/28/2008)
  •  
  • SIFMA Research Report
    Capital markets issuance reached $4.2 trillion in the first nine months of 2008, a 24.8 percent decline from the $5.6 trillion issued in the first nine months of 2007. The sharpest declines in new issuance volume were seen in the sectors most vulnerable ...more
    SIFMA - Securities Industry and Financial Markets Association (11/28/2008)
  •  
  • IASB Update: November 2008. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (11/28/2008)
  •  
  • Summary of Board Decisions from the November 24, 2008 Board Meeting
    Summary of Board decisions are provided for the information and convenience of constituents who want to follow the Board's deliberations. All of the conclusions reported are tentative and may be changed at future Board meetings. Decisions are ...more
    Financial Accounting Standards Board (FASB) (11/24/2008)
  •  
  • Comprehensive strategy to address the lessons of the banking crisis announced by the Basel Committee
    The Basel Committee on Banking Supervision today announced a comprehensive strategy to address the fundamental weaknesses revealed by the financial market crisis related to the regulation, supervision and risk management of internationally ...more
    Basel Committee on Banking Supervision (11/20/2008)
  •  
  • NASAA Outlines Core Principles for Regulatory Reform in Financial Services
    ( The North American Securities Administrators Association )
    The North American Securities Administrators Association today released five core principles to help guide the ongoing policy debate over the changes necessary to strengthen the nation's financial services regulatory structure. "Our system of financial ...more
    (11/19/2008)
  •  
  • U.S. SEC 2008 Performance and Accountability Report
    The mortgage meltdown and ensuing global credit crisis during the past year have confronted our markets with unprecedented challenges. The government's response to the financial turmoil has been equally unprecedented: the Federal Reserve and the ...more
    U.S. Securities & Exchange Commission (11/17/2008)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (11/13/2008)
  •  
  • FASB Makes New Securitization Disclosures Effective This Year
    On November 12, the Financial Accounting Standards Board (FASB) held a board meeting to discuss the recently proposed FSP FAS 140-e and FIN 46(R)-e, Disclosures about Transfers of Financial Assets and Interests in Variable Interest Entities. During ...more
    Financial Accounting Standards Board (FASB) (11/12/2008)
  •  
  • CornŠr Banca selects AIM Software's GAIN Platform for Multi Data Feed Processing
    AIM Software and Sintea deploy a multi provider security master file to centralize the acquisition and processing of data from Telekurs, Bloomberg as well as internal sources. ...more
    AIM Software (11/5/2008)
  •  
  • Measuring and disclosing the fair value of financial instruments in markets that are no longer active
    In May 2008, and in response to the recommendations of the Financial Stability Forum in their April 2008 report Enhancing Market and Institutional Resilience, the International Accounting Standards Board (IASB) formed an expert advisory panel. ...more
    International Accounting Standards Board (IASB) (10/31/2008)
  •  
  • ISDA Initiatives Further Strengthen Operational Infrastructure for OTC Derivatives
    The International Swaps and Derivatives Association, Inc. (ISDA) today jointly submitted a letter with industry associations and leading financial institutions to the Federal Reserve Bank of New York. The letter highlights a series of strategic steps that ...more
    International Swaps and Derivatives Association, Inc. (10/31/2008)
  •  
  • Mandatory Electronic Submission of Applications for Orders under the Investment Company Act and Filings Made Pursuant to Regulation E
    The Securities and Exchange Commission has adopted rule revisions to require that mutual funds and other companies seeking exemptions under the Investment Company Act submit their applications electronically. This change will enable ...more
    U.S. Securities & Exchange Commission (10/29/2008)
  •  
  • ABA Meets with SEC: Voices Concern Over Fair Value Accounting
    ( The American Bankers Association )
    The American Bankers Association met with the Securities and Exchange Commission today in the first of two scheduled roundtable discussions on fair value accounting and ...more
    (10/29/2008)
  •  
  • BSEC NewsWire: Issue 16 - October 2008. Securitization News, Analysis & Commentary
    Special Edition Financial Crisis. Since the onset of the current credit turmoil, there has been serious speculation as to what exactly triggered it. It was, as always, important to find a scope goat: blame it on securitisation, the rating agencies, ...more
    BSEC - Bemo Securitisation (10/28/2008)
  •  
  • IASB Update: October 2008. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (10/27/2008)
  •  
  • IOSCO Technical Committee Statement on Accounting Standards Development and Enforcement
    ( International Organization of Securities Commissions )
    The Technical Committee of the International Organization of Securities Commissions (IOSCO) following discussions of the important role of accounting standards in the context of the current financial crisis, and in light of the importance of financial ...more
    (10/21/2008)
  •  
  • Lewtan Technologies Expands Credit Surveillance Group
    The Global Leader in Securitization Broadens Data Set Coupled with Credit Surveillance Expertise. Lewtan Technologies, Inc., the industry's leading source for asset-backed securities surveillance data, analytics, software, and content for the global ...more
    Lewtan Technologies (10/20/2008)
  •  
  • Fair Market Value and the Question of Symmetry
    ( Ann Rutledge )
    The concept of fair (market value) is as old as the 1587 edition of Blacks Law Dictionary. It is exactly the same in the Merriam-Webster dictionary (1901): ...more
    CreditSpectrum/R&R Consulting (10/20/2008)
  •  
  • IASB and FASB create advisory group to review reporting issues related to credit crisis
    The International Accounting Standards Board and the Financial Accounting Standards Board today announced that they will create a global advisory group comprising regulators, preparers, auditors, investors and other users of financial statements. ...more
    International Accounting Standards Board (IASB) (10/16/2008)
  •  
  • SIFMA Research Report
    Securities Industry Rebounds In 2Q'08, Securities Industry Employment Update. Broker dealers doing public business in the U.S. reported a 2Q'08 pre-tax profit of $4.8 billion, compared to the $20.2 billion loss in the immediately preceding quarter. ...more
    SIFMA - Securities Industry and Financial Markets Association (10/16/2008)
  •  
  • Wilmington Trust Completes Acquisition of UBS Fiduciary Trust Company
    Wilmington Trust Corporation (NYSE: WL) announced it has completed the all-cash acquisition of UBS Fiduciary Trust Company (UBSFTC), which provides trust and investment management services to retirement plans through financial advisors, ...more
    Wilmington Trust Company (10/13/2008)
  •  
  • FDIC Simplifies Coverage Rules for Mortgage Servicing Accounts
    The FDIC Board of Directors today adopted an interim final rule, effective immediately, to simplify the deposit insurance rules for accounts held at FDIC-insured institutions by mortgage ...more
    Federal Deposit Insurance Corporation (FDIC) (10/10/2008)
  •  
  • SEC Commences Work on Congressionally Mandated Study on Accounting Standards
    The Securities and Exchange Commission today announced additional details on the process and initial steps that the SEC has undertaken to conduct a study on "mark-to-market" accounting, as authorized by Sec. 133 of the Emergency Economic ...more
    U.S. Securities & Exchange Commission (10/7/2008)
  •  
  • IASB announces next steps in response to credit crisis
    The International Accounting Standards Board (IASB) today announced the current status of its response to the credit crisis and its next steps. The IASB has already taken a number of actions to address issues related to the credit crisis. In publishing ...more
    International Accounting Standards Board (IASB) (10/3/2008)
  •  
  • IOSCO Technical Committee Members' Initiatives Relating To Restrictions on Short Sales
    ( International Organization of Securities Commissions )
    The members of the Technical Committee of the International Organization of Securities Commissions (IOSCO) have taken steps, during recent weeks, to address concerns regarding short sales in their markets in light of the ongoing credit crisis. These ...more
    (10/2/2008)
  •  
  • Statement of Securities and Exchange Commission Concerning Short Selling
    The Securities and Exchange Commission today issued the following statement concerning short selling: The Commission has taken steps during recent weeks to address concerns regarding short sales in light of the ongoing credit crisis. These efforts ...more
    U.S. Securities & Exchange Commission (10/1/2008)
  •  
  • SEC Office of the Chief Accountant and FASB Staff Clarifications on Fair Value Accounting
    The current environment has made questions surrounding the determination of fair value particularly challenging for preparers, auditors, and users of financial information. The SEC's Office of the Chief Accountant and the staff of the FASB have been ...more
    U.S. Securities & Exchange Commission (9/30/2008)
  •  
  • IASB Update: September 2008. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (9/26/2008)
  •  
  • SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets
    The Securities and Exchange Commission, acting in concert with the U.K. Financial Services Authority, took temporary emergency action to prohibit short selling in financial companies to protect the integrity and quality of the securities market and ...more
    U.S. Securities & Exchange Commission (9/19/2008)
  •  
  • SIFMA Research Report
    Capital Market Issuance Reaches $3.12 Trillion, Trails First-Half 2007. Securities issuance in the first half of 2008 reached $3.12 trillion, a modest decrease from the $3.76 trillion issued in the first half of last year. The sharpest declines in new ...more
    SIFMA - Securities Industry and Financial Markets Association (9/18/2008)
  •  
  • BSEC NewsWire: Issue 15 - August/September 2008. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (9/12/2008)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (9/12/2008)
  •  
  • Xchanging to enhance its Central Pricing Service by implementing AIM Software's comprehensive GoldenCopy Solution
    AIM Software, a leading provider of reference data management solutions to the financial industry, announced today another successful going-live of GAIN Golden Copy, which serves as the new technological basis for Xchanging's established ...more
    AIM Software (9/9/2008)
  •  
  • SIFMA and ESF response to the European Commission Proposal for a Regulatory Framework for CRAs and Embedded Ratings Policy Options
    The Securities Industry and Financial Markets Association, Global Credit Rating Agency Task Force, and the European Securitisation Forum welcomes the opportunity to comment on the Commission's 31 July 2008 consultation papers proposing (1) draft ...more
    SIFMA - Securities Industry and Financial Markets Association (9/5/2008)
  •  
  • Regulation R: Exceptions for Banks from the Definition of Broker in the Securities Exchange Act of 1934 - A Small Entity Compliance Guide
    Regulation R implements certain of the broker exceptions for banks from the definition of the term "broker" under Section 3(a)(4) of the Securities Exchange Act of 1934 ("Exchange Act"), as amended by the Gramm-Leach-Bliley Act ("GLBA"). Specifically, ...more
    Board of Governors of the Federal Reserve System (8/29/2008)
  •  
  • SEC Proposes Roadmap Toward Global Accounting Standards to Help Investors Compare Financial Information More Easily
    The Securities and Exchange Commission today voted to publish for public comment a proposed Roadmap that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014. Currently, U.S. issuers use U.S. ...more
    U.S. Securities & Exchange Commission (8/27/2008)
  •  
  • Implementation of the compliance principles: A survey
    In April 2005, the Basel Committee on Banking Supervision released a document entitled Compliance and the compliance function in banks. The Compliance paper was intended to provide high-level principles on banks' management of ...more
    Basel Committee on Banking Supervision (8/26/2008)
  •  
  • SEC Announces Successor to EDGAR Database
    Securities and Exchange Commission Chairman Christopher Cox today unveiled the successor to the agency's 1980s-era EDGAR database, which will give investors far faster and easier access to key financial information about public companies and ...more
    U.S. Securities & Exchange Commission (8/19/2008)
  •  
  • Brazilian Domestic Securitization Market - Quarterly Report
    This edition presents data from the period of April 1st to June 30tst, 2008. All information related to market activity during this period are those collected by July 17th, 2008. Any information received ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (8/13/2008)
  •  
  • After Credit Crisis Breakdowns, Institutions Overhaul Practices In Securities Lending Pools And Short-Term Funds
    ( Greenwich Associates )
    The outbreak of the global credit crisis last year caused liquidity breakdowns and unexpected levels of risk in some unlikely places, including institutional securities lending pools and short-term investment funds - assets generally considered low risk. ...more
    (8/11/2008)
  •  
  • Final Report of the Advisory Committee on Improvements to Financial Reporting to the United States Securities and Exchange Commission
    Securities and Exchange Commission Chairman Christopher Cox today received the final report of an SEC advisory committee containing 25 recommendations to make financial information more useful and understandable to investors. Last year, ...more
    U.S. Securities & Exchange Commission (8/1/2008)
  •  
  • Credit Risk Transfer: Developments from 2005 to 2007
    Credit risk transfer has grown quickly, often with complex products, and provides concrete benefits to the global financial system. The benefits of credit risk transfer (CRT) are well understood and have not changed since the Joint Forum's first CRT ...more
    Basel Committee on Banking Supervision (7/31/2008)
  •  
  • SIFMA Credit Rating Agency Task Force Issues Global Recommendations for Credit Rating Agency Reform
    The recommendations are being shared with regulators, lawmakers, and credit rating agencies globally, and reflect the efforts of the senior-level investor-led industry group. The recommendations also respond directly to the ...more
    SIFMA - Securities Industry and Financial Markets Association (7/31/2008)
  •  
  • IASB Update: July 2008. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (7/31/2008)
  •  
  • Best Practices For Residential Covered Bonds
    The U.S. Treasury Department took steps today to encourage additional sources of mortgage finance and strengthen financial institutions by issuing Best Practices for Residential Covered Bonds. ...more
    U.S. Department of the Treasury (7/28/2008)
  •  
  • BSEC NewsWire: Issue 15 - July 2008. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (7/25/2008)
  •  
  • SEC Emergency Orders on Short Selling
    ( Financial Industry Regulatory Authority (FINRA) )
    FINRA Provides Clarification on SEC Guidance Regarding Emergency Orders Concerning Short Selling. On July 15, 2008, the Securities and Exchange Commission (SEC) issued an Emergency Order concerning short selling and on July 18, 2008, ...more
    (7/23/2008)
  •  
  • Collateralized Damage: Commercial Mortgage Securities Are at a Standstill
    ( Knowledge@Wharton )
    With so much media and federal regulatory attention focused on the global credit crunch, especially the securitization of massive pools of home loans, there has been little notice of what's been happening with the market for commercial-mortgage backed ...more
    (7/23/2008)
  •  
  • Proposed revisions to the Basel II market risk framework
    The Basel Committee/IOSCO Agreement reached in July 2005 contained several improvements to the capital regime for trading book positions. Among the revisions was a new requirement for banks that model specific risk to measure and hold capital ...more
    Basel Committee on Banking Supervision (7/22/2008)
  •  
  • Mortgage Markets And The Enterprises In 2007
    ( Office of Federal Housing Enterprise Oversight (OFHEO) )
    This research paper reviews developments in the housing sector and the primary and secondary mortgage markets, the secondary market activities of Fannie Mae and Freddie Mac, and the financial performance of the Enterprises in 2007. An appendix ...more
    (7/21/2008)
  •  
  • Hedge Funds Pass Mutual Funds As Source Of U.S. Equity Trading Volume
    ( Greenwich Associates )
    Hedge funds surpassed mutual funds as a source of U.S. equity trading volume last year and now rank second only to traditional asset management shops in those terms, according to the results of Greenwich Associates' 2008 U.S. Equity Investors study. ...more
    (7/17/2008)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (7/17/2008)
  •  
  • Securitisation is not dead
    ( By Michael Heise, chief economist Allianz Group/Dresdner Bank )
    Crises change markets. The Savings & Loans crisis pushed US banks into securitising mortgages; the European ERM crisis ultimately gave birth to the euro; the Asian debt crisis shifted ...more
    (7/17/2008)
  •  
  • Synthetic Securitizations Under Basel I And Basel II
    ( The Review of Banking & Financial Services )
    By recognizing a broader variety of credit protection sellers and acceptable collateral than its predecessor, Basel II seems likely to facilitate synthetic securitizations. It also goes further in codifying "operational requirements" that banks must ...more
    (7/15/2008)
  •  
  • US Federal Reserve Board Issues Final Rule Amending Home Mortgage Provisions of Regulation Z (Truth in Lending)
    The Federal Reserve Board on Monday approved a final rule for home mortgage loans to better protect consumers and facilitate responsible lending. The rule prohibits unfair, abusive or deceptive home mortgage lending practices and restricts certain other ...more
    Board of Governors of the Federal Reserve System (7/14/2008)
  •  
  • AIM Software and Interactive Data Launch 5th Edition of Global Reference Data Management Survey
    Back office and risk managers in financial institutions are invited to participate in this year's assessment of the global reference data industry ...more
    AIM Software (7/10/2008)
  •  
  • Agencies Issue Statement on Basel II Advanced Approaches Qualification Process
    The federal banking and thrift agencies today issued an interagency statement outlining the qualification process for banking organizations implementing the new advanced capital adequacy framework known as Basel II. The process consists of ...more
    Board of Governors of the Federal Reserve System (7/8/2008)
  •  
  • Summary Report of Issues Identified in the Commission Staff's Examinations of Select Credit Rating Agencies
    In August 2007, the Securities and Exchange Commission's Staff initiated examinations of three credit rating agencies -- Fitch Ratings, Ltd. ("Fitch"), Moody's Investor Services, Inc. ("Moody's") and Standard & Poor's Ratings Services ("S&P") ...more
    U.S. Securities & Exchange Commission (7/8/2008)
  •  
  • SIFMA, ASF and ESF Announce Global Working Group to Restore Confidence in the Securitization Markets
    The Securities Industry and Financial Markets Association (SIFMA), the American Securitization Forum (ASF) and the European Securitsation Forum (ESF) today announced that they have formed a global, joint working group that will create and publish ...more
    SIFMA - Securities Industry and Financial Markets Association (7/7/2008)
  •  
  • SIFMA Research Report
    Securities Industry Reports Substantial Losses In 1Q'08, Securities Industry Employment Update. Broker dealers doing public business in the U.S. reported a 1Q'08 pre-tax loss of $20.2 billion, compared to the $14.1 billion loss in the immediately precedin ...more
    SIFMA - Securities Industry and Financial Markets Association (7/7/2008)
  •  
  • Ratings in structured finance: what went wrong and what can be done to address shortcomings?
    Report submitted by a Study Group established by the Committee on the Global Financial System. The role of credit ratings in structured finance is a topic of long-standing interest to the Committee on the Global Financial System (CGFS). ...more
    Bank for International Settlements (BIS) (7/4/2008)
  •  
  • Private equity and leveraged finance markets
    The credit market turmoil since mid-2007 has substantially affected the terms and conditions of funding in leveraged finance markets. Rising investor risk aversion, growing pressure on bank balance sheets and a loss of confidence in structured credit ...more
    Bank for International Settlements (BIS) (7/4/2008)
  •  
  • Ten Industry Initiatives to Increase Transparency in the Securitisation Market: Executive Summary
    Further to their 8 February 2008 letter to the European Commission committing to deliver on a number of initiatives to improve transparency in the European securitisation markets, the nine European and global trade associations listed above today ...more
    European Securitisation Forum (7/2/2008)
  •  
  • SEC Publishes Proposals to Increase Investor Protections by Reducing Reliance on Credit Ratings
    The Securities and Exchange Commission today published for public comment proposed rule changes to make the limits and purposes of credit ratings clear to investors and ensure that the role assigned to ratings in SEC rules is consistent with the ...more
    U.S. Securities & Exchange Commission (7/1/2008)
  •  
  • AIM Software Rolls Out New Version of its Flagship Product GAIN Golden Copy
    New release of financial data management platform GAIN follows trend to integrate multiple data sources along with functionalities for enterprise wide data management ...more
    AIM Software (7/1/2008)
  •  
  • IASB Update: June 2008. Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (6/27/2008)
  •  
  • Institutions Remain Committed To Hedge Fund Investments, Despite Falling Returns
    ( Greenwich Associates )
    Last year's downturn in hedge fund performance has not caused institutions to shift their thinking with regard to their hedge fund investments, according to the latest research from Greenwich Associates and Global Custodian. The share of hedge ...more
    (6/26/2008)
  •  
  • Wilmington Trust to Acquire UBS Fiduciary Trust Company
    Wilmington Trust announced today that it has signed a definitive agreement to acquire UBS Fiduciary Trust Company, a New Jersey-based provider of trust and investment management services for retirement plans. ...more
    Wilmington Trust Company (6/25/2008)
  •  
  • Inside The Subprime Crisis
    ( Knowledge at Wharton. The Wharton School of the University of Pennsylvania )
    The subprime mortgage crisis is a tremor that turned into an earthquake, threatening this year to plunge the U.S. economy into its first recession since 2001. In this Special Report, Knowledge@Wharton finds that the credit crisis was ...more
    (6/20/2008)
  •  
  • BSEC NewsWire: Issue 14 - June 2008. Securitization News, Analysis & Commentary
    One of the hottest topics in Islamic finance is the tranching issue and its acceptability by the different Shariah schools and scholars. Why is tranching viewed by some as being non Shariah compliant when other credit enhancement techniques (similar or id ...more
    BSEC - Bemo Securitisation (6/18/2008)
  •  
  • Principles for Sound Liquidity Risk Management and Supervision
    The Basel Committee on Banking Supervision today issued for public comment enhanced global Principles for Sound Liquidity Risk Management and Supervision. "The Basel Committee's goal in developing these global standards is to significantly ...more
    Basel Committee on Banking Supervision (6/17/2008)
  •  
  • Proposed Rules for Nationally Recognized Statistical Rating Organizations
    Today, in the first of three related actions the Commission is proposing rule amendments that would impose additional requirements on nationally recognized statistical rating organizations ("NRSROs") in order to address concerns ...more
    U.S. Securities & Exchange Commission (6/16/2008)
  •  
  • Fair value measurement and modelling: An assessment of challenges and lessons learned from the market stress
    Under both International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP), banks and other companies have a wider range of financial instruments using fair values. Fair value measures also have been applied ...more
    Bank for International Settlements (BIS) (6/12/2008)
  •  
  • SEC Proposes Comprehensive Reforms to Bring Increased Transparency to Credit Rating Process
    The Securities and Exchange Commission today voted to formally propose a comprehensive series of credit rating agency reforms to bring increased transparency to the ratings process and curb practices that contributed to recent turmoil in the credit ...more
    U.S. Securities & Exchange Commission (6/11/2008)
  •  
  • Lewtan's New Global ABS Portal Provides Free Access to Public Deal Information Relating to European Securitizations
    Lewtan Technologies, Inc., provider of ABSNet, the industry's leading source for asset-backed securities surveillance data, analytics, software, and content for the global securitisation industry, today announced the availability of the Global ABS ...more
    Lewtan Technologies (6/4/2008)
  •  
  • Adoption of Updated EDGAR Filer Manual
    The Securities and Exchange Commission (the Commission) is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) Filer Manual to reflect updates to the EDGAR system. The revisions are being made to ...more
    U.S. Securities & Exchange Commission (6/4/2008)
  •  
  • IOSCO publishes recommendations to address Subprime Crisis
    ( International Organization of Securities Commissions )
    IOSCO has today published the final report of its Technical Committee's Task Force on the Subprime Crisis. The report contains an analysis of the underlying causes of the subprime crisis, the implications for international capital markets and ...more
    (5/29/2008)
  •  
  • The Role Of Credit Rating Agencies In Structured Finance Markets: Final Report
    ( International Organization of Securities Commissions )
    In 2003, the Technical Committee of the International Organization of Securities Commissions formed a task force of its members' principal representatives to study issues related to the activities of credit rating agencies (CRAs). This Chairmen's Task For ...more
    (5/28/2008)
  •  
  • The U.S. Housing Bubble And The Global Financial Crisis: Housing And Housing-Related Finance
    ( Joint Economic Committee, United States Congress )
    An unprecedented bubble in U.S. housing prices began to inflate in the first quarter of 1998 and then popped in the second quarter of 2006. This study examines the causes of this bubble and the effects of its deflation on U.S. housing and housing-related ...more
    (5/22/2008)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (5/20/2008)
  •  
  • Wilmington Trust's Corporate Client Services Business Continues European Expansion to The Netherlands Jurisdictional capabilities established in Amsterdam
    Wilmington Trust Company (5/19/2008)
  •  
  • Asian Companies Remain Confident Amid Global Financial Crisis
    ( Greenwich Associates )
    Asia's largest companies remain bullish about their prospects for the rest of 2008, despite the lingering crisis in global credit markets and a growing consensus that the United States is on the brink of economic recession. The results of Greenwich ...more
    (5/12/2008)
  •  
  • Understanding the Issues-Some Facts about Fair Value
    Recently, there has been considerable media coverage on the subject of fair value accounting. While some commentators applaud the use of fair value accounting as a positive factor in promptly revealing the values of financial assets in today's troubled ...more
    Financial Accounting Standards Board (FASB) (5/7/2008)
  •  
  • Auction-Rate Securities: Bidder's Remorse? A Primer
    ( Stephanie Lee, NERA Economic Consulting, Inc. )
    Auction-rate securities (ARS) are long-term variable-rate instruments with their interest rates reset at periodic and frequent auctions. They are often marketed to issuers as an alternative variable-rate financing vehicle and to investors as an ...more
    (5/6/2008)
  •  
  • Federal Reserve proposes rules to prohibit unfair practices regarding credit cards and overdraft services
    The Federal Reserve Board on Friday proposed rules to prohibit unfair practices regarding credit cards and overdraft services that would, among other provisions, protect consumers from unexpected increases in the rate charged on pre-existing credit card ...more
    Board of Governors of the Federal Reserve System (5/2/2008)
  •  
  • Wilmington Trust Completes Acquisition of AST Capital Trust Company
    Wilmington Trust Company (5/1/2008)
  •  
  • BSEC NewsWire: Issue 12 - April 2008. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (4/30/2008)
  •  
  • FINRA Issues Guidance to Broker-Dealers on Partial Redemptions of Auction Rate Securities
    ( FINRA - Financial Industry Regulatory Authority )
    In response to current market conditions, some issuers are offering partial redemptions of auction rate securities. This Notice reminds firms that when allocating partial redemptions of auction rate securities among their customers, they must ...more
    (4/30/2008)
  •  
  • OCC Issues Final Rule Reducing Regulatory Burden and Updating its Rules
    The Office of the Comptroller of the Currency (OCC) published a final rule in the Federal Register today to reduce unnecessary regulatory burden and revise and update various OCC regulations. The OCC final rule results from the agency's most recent ...more
    Office of the Comptroller of the Currency (OCC) (4/24/2008)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue a ...more
    International Accounting Standards Board (IASB) (4/24/2008)
  •  
  • National Loan Exchange, Inc. announces the availability of approximately $60m of Canadian first mortgages
    ( National Loan Exchange, Inc. )
    (4/22/2008)
  •  
  • Bank of England Special Liquidity Scheme
    ( The Bank of England )
    The Bank of England is today launching a scheme to allow banks to swap temporarily their high quality mortgage-backed and other securities for UK Treasury Bills. With markets for many securities currently closed, banks have on their balance sheets an ...more
    (4/21/2008)
  •  
  • OFHEO Issues Examination Guidance on Fair Value Option, FAS 159
    ( Office of Federal Housing Enterprise Oversight )
    In February 2007, the Financial Accounting Standards Board adopted Statement of Financial Accounting Standards No. 159, The Fair Value Option for Financial Assets and Financial Liabilities (FAS 159, the fair value option or the FVO), which allows ...more
    (4/21/2008)
  •  
  • Basel Committee on Banking Supervision Announces Steps to Strengthen the Resilience of the Banking System
    The Basel Committee today is announcing a series of steps to help make the banking system more resilient to financial shocks. These include: Enhancing various aspects of the Basel II Framework, including the capital treatment of complex structured credit ...more
    Basel Committee on Banking Supervision (4/17/2008)
  •  
  • Intangible Asset Monetization: The Promise and the Reality
    ( Athena Alliance )
    The economy of the United States is now largely driven by intangible assets. These assets include worker skills and know-how, innovative work organizations, business methods, brands, and formal intellectual property, such as patents and copyrights. ...more
    (4/16/2008)
  •  
  • SIFMA Research Report
    Municipal Bond Credit Report. The Auction Rate Securities Market. The municipal bond environment has been beset by a number of challenges and pressures during the fourth quarter of 2007 and into 2008, including a significantly slower economy, housing ...more
    SIFMA - Securities Industry and Financial Markets Association (4/16/2008)
  •  
  • Best Practices For The Hedge Fund Industry
    ( The President's Working Group on Financial Markets )
    Report of the Asset Managers' Committee to the President's Working Group on Financial Markets. The Committee issues this comprehensive Report that sets a new standard of best practices to answer the call of the President's Working Group on ...more
    (4/15/2008)
  •  
  • Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience
    ( Financial Stability Forum )
    The Financial Stability Forum (FSF) today presented to the G7 Finance Ministers and Central Bank Governors a report making recommendations for enhancing the resilience of markets and financial institutions. The recommended actions are ...more
    (4/12/2008)
  •  
  • Global Finance Leaders Move Forward on Major Reforms in Banking Practices
    ( The Institute of International Finance, Inc. )
    A report embracing the critical issues in today's financial markets has been published by the Institute of International Finance (IIF), the global association of financial institutions. "The leadership of our industry recognizes its own responsibility to ...more
    (4/9/2008)
  •  
  • The Changing Nature and Consequences of Public Company Financial Restatements: 1997-2006
    The U.S. Treasury Department commissioned this study to investigate the increase in public company restatement activity over the decade from 1997 to 2006. T e purpose is to understand characteristics and consequences of financial statement ...more
    U.S. Department of the Treasury (4/9/2008)
  •  
  • An Introduction to the Brazilian Real Estate Finance and Securitization Markets
    Following on the adage that "real estate is a local business all over the world", this repor t introduces and describes the most salient features of real estate finance and securitization markets in Brazil, both of which are receiving increasing at ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/8/2008)
  •  
  • Accounting For Financial Instruments Conceptual Paper
    ( International Banking Federation )
    Banks express severe doubts over IASB's proposals for full fair value. IBFed, the International Banking Federation, has today published a conceptual paper summarising its in-principle position on the use of fair value. IASB on 19 March published its ...more
    (4/8/2008)
  •  
  • Credit Crisis Represents Historic Opportunity For Small, Regional and Foreign Banks
    ( Greenwich Associates )
    With companies relying on banks for the capital they need to operate and grow their businesses, secure banking relationships rank among a company's most important financial assets. Since the collapse of the U.S. sub-prime mortgage market in ...more
    (4/7/2008)
  •  
  • Coming Soon ... Securitization with a New, Improved (and Perhaps Safer) Face
    ( Knowledge@Wharton )
    For generations, the strength of the U.S. housing market was due, in part, to securitization of mortgages with guarantees from the government-sponsored companies, Fannie Mae and Freddie Mac. Following the savings and loan debacle of the late 1980s, ...more
    (4/2/2008)
  •  
  • FASB Addresses FAS 140 and FIN 46(R) Amendments
    On April 2, FASB held a board meeting to discuss the proposed amendments to the derecognition criterion in paragraph 9 of FASB Statement No. 140. A majority of the FASB Board agreed with FASB staff recommendations including that the concept of ...more
    Financial Accounting Standards Board (FASB) (4/2/2008)
  •  
  • Joint Forum release of Credit Risk Transfer paper
    The Joint Forum today released for consultation a paper entitled Credit Risk Transfer - Developments from 2005 to 2007. The paper was developed in response to a request from the Financial Stability Forum (FSF) in March 2007 to consider the extent to which ...more
    Basel Committee on Banking Supervision (4/1/2008)
  •  
  • Crisis In Credit: Financial Market Turmoil Edges Toward The Global Economy
    ( Greenwich Associates )
    Seventy percent of the large institutional investors participating in a new study by Greenwich Associates think turmoil in international credit markets will push the United States into recession in 2008 and almost 60% think the still-unfolding crisis will ...more
    (3/31/2008)
  •  
  • Blueprint for a Modernized Financial Regulatory Structure
    The U.S. Treasury Department today released its Blueprint for an improved financial regulatory structure, one that strengthens consumer protections, improves tools for market stability and enhances financial innovation. Treasury's Blueprint ...more
    U.S. Department of the Treasury (3/31/2008)
  •  
  • Moody's Proposed Enhancements to U.S. Residential Mortgage Securitizations: Call for Comments
    As the turmoil in the credit markets has continued, Moody's has actively engaged in an ongoing and in-depth dialogue with mortgage originators, fixed income investors, investment bankers, oversight authorities and policymakers on feasible ...more
    Moody's Investors Service, Inc. (3/25/2008)
  •  
  • Government Interventions in Financial Markets: Economic and Historic Analysis of Subprime Mortgage Options
    ( Congressional Research Service )
    This report summarizes and analyzes four previous government market interventions (Home Owners Loan Corporation in 1933, Continental Illinois in 1984, the savings and loan insurance fund shortfall in 1989, and the Latin American debt crisis in ...more
    (3/25/2008)
  •  
  • FHFB Authorizes Temporary Increase on Purchase of Mortgage Back Securities
    ( Federal Housing Finance Board )
    The Board of Directors of the Federal Housing Finance Board (Finance Board) today by notational vote passed a resolution authorizing the Federal Home Loan Banks to increase their purchases of agency mortgage back securities (MBS). ...more
    (3/24/2008)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue ...more
    International Accounting Standards Board (IASB) (3/24/2008)
  •  
  • BSEC NewsWire: Issue 11 - February-March 2008. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (3/20/2008)
  •  
  • Federal Reserve Announces Establishment of Primary Dealer Credit Facility
    ( Federal Reserve Bank of New York )
    Federal Reserve has announced that the Federal Reserve Bank of New York has been granted the authority to establish a PDCF. This facility is intended to improve the ability of primary dealers to provide financing to participants in securitization markets ...more
    (3/16/2008)
  •  
  • President's Working Group Issues Policy Statement To Improve Future State of Financial Markets
    The President's Working Group on Financial Markets issued a policy statement today with recommendations to improve the future state of U.S. and global financial markets. The statement offers the group's insight on causes of recent market issues ...more
    U.S. Department of the Treasury (3/13/2008)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (3/13/2008)
  •  
  • Municipal Bond Turmoil: Impact on Cities, Towns and States
    Testimony Before the Committee on Financial Services, U.S. House of Representatives. by Erik R. Sirri, Director, Division of Trading and Markets, U.S. Securities and Exchange Commission. ...more
    U.S. Securities & Exchange Commission (3/12/2008)
  •  
  • Federal Reserve and other central banks announce specific measures designed to address liquidity pressures in funding markets
    Since the coordinated actions taken in December 2007, the G-10 central banks have continued to work together closely and to consult regularly on liquidity pressures in funding markets. Pressures in some of these markets have recently increased again. ...more
    Federal Reserve Board (3/11/2008)
  •  
  • Mortgage Crisis Bailout: Relief for Some, Risk for Others
    ( Knowledge@Wharton )
    Does the mortgage crisis demand a government bailout? A year ago, most experts thought not. Sad as the situation was for some homeowners, many experts felt the problem would be confined to those who had gambled on risky loans with eyes open ...more
    (3/5/2008)
  •  
  • Risk Management Lessons from the Sub-prime Problem
    ( Mark Adelson and David Jacob )
    The recently announced write-downs by major financial institutions are staggering. Their magnitude suggests that some institutions were not properly managing risk. A major share of the write-downs relates to instruments that are connected to sub-prime ...more
    (3/4/2008)
  •  
  • Credit fundamentals, ratings and value-at-risk: CDOs versus corporate exposures
    This article compares the linkages between credit fundamentals, ratings and value-atrisk measures for CDO tranches with those for corporate bond exposures. A sensitivity analysis incorporating market information and rating migrations data reveals that ...more
    Bank for International Settlements (BIS) (3/3/2008)
  •  
  • The Catastrophe Bond Market at Year-End 2007: The Market Goes Mainstream
    ( Guy Carpenter & Company, LLC )
    This report provides an update on cat bond transaction activity and market dynamics for the past year. In addition to providing a summary of all disclosed transactions for the year, we discuss changes to the dynamics of the market, including the ...more
    (2/29/2008)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue ...more
    International Accounting Standards Board (IASB) (2/28/2008)
  •  
  • The Financial Accounting Foundation Board of Trustees Approves Changes to Oversight, Structure and Operations of FAF, FASB and GASB
    Changes are designed to protect and maintain the efficiency, effectiveness and independence of the standards-setting process. The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that, following a public due process ...more
    Financial Accounting Foundation (2/26/2008)
  •  
  • SIFMA Research Report
    Total Securities Issuance Maintains Pace at $6.44 Trillion for 2007 Despite Market Volatility in the Second Half. According to the latest Research Quarterly released by the Securities Industry and Financial Markets Association (SIFMA), the 2007 full-year ...more
    SIFMA - Securities Industry and Financial Markets Association (2/21/2008)
  •  
  • Asian Equities In 2007: Growth, Uninterrupted
    ( Greenwich Associates )
    The rest of the financial world may have been preoccupied with the global credit crisis throughout the summer and fall of 2007, but equity markets throughout Asia were in the middle of an unprecedented boom and projections for the next 12 months ...more
    (2/20/2008)
  •  
  • Victimizing the Borrowers: Predatory Lending's Role in the Subprime Mortgage Crisis
    ( Knowledge@Wharton )
    The subprime lending problem, just a faint blip on the radar a year ago, has snowballed into a full-blown crisis and is the subject of many proposed remedies. Those include legislation to curtail predatory lending, which is generally thought to be ...more
    (2/20/2008)
  •  
  • Accounting for Transfers of Financial Assets and Repurchase Financing (FAS 140-3)
    FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, provides accounting and reporting standards for transfers of financial assets. Statement 140 requires that all involvements ...more
    Financial Accounting Standards Board (FASB) (2/20/2008)
  •  
  • Exemption From Registration Under Section 12(g) of The Securities Exchange Act of 1934 For Foreign Private Issuers
    Proposed rule. We are proposing amendments to the rule that exempts a foreign private issuer from having to register a class of equity securities under Section 12(g) of the Securities Exchange Act of 1934 ("Exchange Act") based on the submission ...more
    U.S. Securities & Exchange Commission (2/19/2008)
  •  
  • Toward Comprehensive Simulation of Complex Credit structures
    ( www.sungard.com/adaptiv )
    The last five years has seen an enormous increase in focus on the subject of credit. This focus has ranged from the creation and use of credit-based derivatives, the role of credit rating agencies and the measurement, modelling and pricing ...more
    (2/14/2008)
  •  
  • Reinventing Securitization: If It Ain't Broke, Don't Fix It. But What if It is Broken?
    Securitization has been an important driver of economic growth and efficiency. Securitization has increased the amount of money available for home ownership and has facilitated the growth of a myriad of economic sectors. ...more
    Andrew Davidson & Co., Inc. (2/13/2008)
  •  
  • Report from Las Vegas 2008: Coverage of Selected Sessions of ASF 2008
    ( Mark Adelson )
    More than 6,000 professionals reportedly attended last week's ASF 2008 event in Las Vegas. Although the overall mood at the event was subdued, it was far more positive than the somber tone of last November's ABS East conference. Of course, the sub-prime ...more
    (2/11/2008)
  •  
  • IOSCO addresses Subprime Crisis
    ( International Organization of Securities Commissions )
    The IOSCO Technical Committee met on Tuesday 5 February to review the progress being made by the Task Force on the Subprime Crisis launched in Tokyo in November 2007 which is focused on four key issues: enhanced transparency ...more
    (2/6/2008)
  •  
  • IOSCO urges public companies to clarify use of accounting standards
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions (IOSCO) has today published a statement urging publicly traded companies to provide investors with clear and accurate information on the accounting standards used in the preparation ...more
    (2/6/2008)
  •  
  • New European Regulations To Affect Covered Bond and Securitization Markets
    ( Reproduced with permission from Institutional Investor News )
    Covered bonds are the focus of new regulations coming out of the United Kingdom and Europe this year, and the new regs would make the bonds a much more trractive product for banks. ...more
    Institutional Investor News (2/6/2008)
  •  
  • BSEC NewsWire: Issue 10 - January 2008. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (2/5/2008)
  •  
  • Under Secretary Robert K. Steel Remarks on Housing before the American Securitization Forum
    U.S. Department of the Treasury (2/5/2008)
  •  
  • Strengths and Weaknesses in Securities Market Regulation: A Global Analysis
    ( Ana Carvajal and Jennifer Elliott )
    This paper examines the strengths and weaknesses of securities regulatory systems worldwide with a view to a better understanding of common problems and areas of global concern. We found that a consistent theme emerges regarding the lack of ability ...more
    International Monetary Fund (IMF) (2/4/2008)
  •  
  • ESF Securitisation 2008 Market Outlook
    European Securitisation Forum Forecasts Issuance to Fall to Euro 272 Billion in 2008; Market Liquidity Expected to Begin to Recover During the Year. The ESF survey panellists expect a general continuation of the trends in the second half of 2007 ...more
    European Securitisation Forum (2/1/2008)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue ...more
    International Accounting Standards Board (IASB) (1/31/2008)
  •  
  • Wilmington Trust to Acquire AST Capital Trust Company
    Wilmington Trust Corporation (NYSE: WL) announced that Wilmington Trust FSB has signed a definitive agreement to acquire AST Capital Trust Company, a provider of directed trustee, trust administration, and back-office services offered ...more
    Wilmington Trust Company (1/31/2008)
  •  
  • Markit Launches Sub-Prime Monitoring Tool: Product aims to improve transparency in U.S. ABS markets
    Markit, the leading provider of independent data, portfolio valuations and OTC derivatives trade processing, today announced the launch of a performance monitoring tool for U.S. asset-backed securities (ABS). Launched in response to ...more
    Markit Group (1/25/2008)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (1/23/2008)
  •  
  • The Global Liquidity Crisis: European Fixed Income, Before And After
    ( Greenwich Associates )
    New research from Greenwich Associates reveals that European fixed-income markets were undergoing a transformation in the run-up to the global credit crunch. While many of the changes experienced in the 12 months prior to the summer of 2007 ...more
    (1/22/2008)
  •  
  • U.S. Corporate Investor Relations: New Investors, New Demands. Hedge Funds Altering the Nature of Corporate IR
    ( Greenwich Associates )
    New research from Greenwich Associates suggests that U.S. companies should be adjusting their investor relations strategies to respond to fundamental shifts in the composition and expectations of the U.S. equity buy side - namely the growing influence ...more
    (1/17/2008)
  •  
  • Report from CMSA© 2008
    ( by David Jacob and Mark Adelson )
    Coverage of Selected Sessions of the CMSA © Investors Conference. South Beach, Florida -Jan 6-8, 2008. The best way to characterize the tone of the CMSA© Investors Conference was a brave public face and a worried private view of ...more
    (1/9/2008)
  •  
  • The Sub-prime Problem: Causes and Lessons
    ( Mark Adelson and David Jacob )
    Today's sub-prime mortgage situation has its roots in the failure of market-based restraints on the riskiness of loans that lenders could make. Before securitization, sub-prime mortgage lenders retained the loans that they originated and, therefore ...more
    (1/8/2008)
  •  
  • SEC Publishes Text of RAND Report on Investment Adviser, Broker-Dealer Industries
    Study Explored Industry, Investor Perspectives on Customer Relationships with Financial Service Providers. The Securities and Exchange Commission has received and posted on its Web site the text of the RAND Corporation's final report on ...more
    U.S. Securities & Exchange Commission (1/3/2008)
  •  
  • SIFMA Research Report
    NYSE Reporting Firms: Housing And Mortgage Crisis Caught Up With Profts In 3Q'07. Middle Market Report. Securities Industry Employment Update. Pre-tax profits of NYSE-reporting firms fell from a gain of $4.2 billion in 2Q'07 to a loss of $3.8 billion ...more
    SIFMA - Securities Industry and Financial Markets Association (12/28/2007)
  •  
  • Revenue Procedure 2007-72 : Modifications of Securitized Subprime Mortgage Loans
    This revenue procedure describes the conditions under which changes to certain subprime mortgage loans will not cause the Internal Revenue Service to challenge the tax status of certain securitization vehicles holding the loans. ...more
    U.S. Department of Treasury - Internal Revenue Service (IRS) (12/26/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    IASB Update is published as a convenience for the Board's constituents. All conclusions reported are tentative and may be changed or modified at future Board meetings. Decisions become final only after completion of a formal ballot to issue Standard or ...more
    International Accounting Standards Board (IASB) (12/19/2007)
  •  
  • Proposed changes to Regulation Z to protect consumers from unfair or deceptive home mortgage lending and advertising practices
    The Federal Reserve Board on Tuesday proposed and asked for public comment on changes to Regulation Z (Truth in Lending) to protect consumers from unfair or deceptive home mortgage lending and advertising practices. The rule, which would ...more
    Board of Governors of the Federal Reserve System (12/18/2007)
  •  
  • Prepayment Model Tuning & Home Price Forecast Adjustments
    As we enter 2008, many questions still remain in the mortgage industry. From a credit perspective, many wonder how severe the losses on sub-prime loans will ultimately be. Much of this depends on how both the private and public led modification plans ...more
    Andrew Davidson & Co., Inc. (12/17/2007)
  •  
  • ABS/MBS Investors Lose in Treasury Dept. - ASF Plan for Loan Modifications
    ( Adelson & Jacob Consulting, LLC )
    ABS/MBS investors will likely be harmed if mortgage servicers apply the "framework" for streamlined loan modifications proposed last Thursday (12/6/07) by President Bush, Treasury Secretary Paulson, and the American Securitization Forum (ASF). ...more
    (12/10/2007)
  •  
  • Financial Instruments with Characteristics of Equity: Preliminary Views
    This Preliminary Views is issued by the Financial Accounting Standards Board for public comment as a step preceding the development of an Exposure Draft of a proposed Statement of Financial Accounting Standards. Responses from interested parties ...more
    Financial Accounting Standards Board (FASB) (11/30/2007)
  •  
  • Securities Issuance Rises To $5.06 Trillion Year-To-Date; Credit Market Conditions Reduce Third Quarter Volume
    Securities issuance rose to $5.06 trillion through the first three quarters of 2007, 7.7 percent higher than the same period of 2006. Third-quarter volume of $1.33 trillion was 31 percent lower than the $1.92 trillion in the second quarter and ...more
    SIFMA - Securities Industry and Financial Markets Association (11/28/2007)
  •  
  • Principles For The Valuation Of Hedge Fund Portfolios: Final Report
    ( International Organization of Securities Commissions )
    This paper is focused on principles for valuing the investment portfolios of hedge funds and the challenges that arise when valuing illiquid or complex financial instruments. The principles are designed to mitigate the structural and operational ...more
    (11/28/2007)
  •  
  • North American Derivatives: Specialized Products Become Commonplace Tools
    ( Greenwich Associates )
    Once regarded as specialized tools, equity derivatives today are used by North American institutions as a routine method of obtaining desired exposures and hedging positions. The results of Greenwich Associates' 2007 North American Equity Derivatives ...more
    (11/26/2007)
  •  
  • European Equity Derivatives: A Retail Favorite Becomes An Institutional Staple
    ( Greenwich Associates )
    European institutional investors and banks that long ago embraced the lucrative business of selling structured equity derivatives products into the retail market are now integrating equity derivatives into their own investment strategies as an ...more
    (11/26/2007)
  •  
  • Triennial and semiannual surveys on positions in global over-the-counter (OTC) derivatives markets at end-June 2007
    The second part of the Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity and the regular semiannual survey of positions in the global OTC derivatives market share the same format but differ in coverage. The triennial ...more
    Bank for International Settlements (BIS) (11/21/2007)
  •  
  • New Opportunities to Securitize Canadian Interest-Bearing Receivables
    Two very recent developments will finally permit the tax efficient securitization of billions of dollars of Canadian consumer and corporate receivables in U.S., European and other capital markets throughout the world. For the first time, ...more
    Blake, Cassels & Graydon (11/20/2007)
  •  
  • Markit Completes Acquisition of CDS IndexCo
    ( Markit Group Limited )
    Markit Group Limited ("Markit") announced today that it has completed its acquisition of CDS IndexCo LLC ("CDS IndexCo"), owner of the CDX credit derivative indices and the synthetic structured finance and loan indices ABX.HE, CMBX and LCDX. ...more
    (11/20/2007)
  •  
  • BSEC NewsWire: Issue 8 - November 2007. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (11/19/2007)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (11/16/2007)
  •  
  • ESF Securitisation Data Report, Autumn 2007
    For the first time, the European Securitisation Forum (ESF) is publishing the outstanding volume by rating for the European securitisation market. Ratings data provide an up-to-date measure of the rating diversification ...more
    European Securitisation Forum (11/15/2007)
  •  
  • Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915)
    ( U.S. House of Representatives, 110th Congress, 1st Session )
    To amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to establish licensing and registration requirements for residential mortgage originators, to provide certain minimum standards for cons ...more
    (11/15/2007)
  •  
  • SEC Votes to Propose Improvement of Mutual Fund Disclosure
    The Commission today voted unanimously to propose rule changes that are intended to improve mutual fund disclosure. The proposed rules would require that all mutual fund investors receive a clear, concise summary of key information needed to make an ...more
    U.S. Securities & Exchange Commission (11/15/2007)
  •  
  • Research Uncovers Key Initiatives That Turn SOX Compliance Into a Strategic Advantage
    ( Jefferson Wells & APQC )
    When the Sarbanes-Oxley Act (SOX) was introduced, the compliance strategy for many companies was simply to apply a short-term fix and meet requirements. Five years later, more and more companies are seeking ways to turn compliance into a ...more
    (11/12/2007)
  •  
  • Report from Orlando 2007: Coverage of Selected Sessions of ABS East 2007
    ( Adelson & Jacob Consulting, LLC )
    The general mood at last week's ABS East 2007 event in Orlando was somber. According to some estimates, attendance at the event was roughly 1,500, far below the typical level in recent years. The dominant theme was the sub-prime mortgage ...more
    (11/12/2007)
  •  
  • IOSCO Launches Task Force On Recent Market Events
    ( International Organization of Securities Commissions )
    The International Organization of Securities Commissions (IOSCO) has today announced the creation of a dedicated Task Force on the subprime crisis to review the issues facing securities regulators following the recent events in the global credit markets. ...more
    (11/8/2007)
  •  
  • Securities Industry And Financial Markets Global Addendum 2007
    Global securities industry revenues exceeded an estimated $794 billion dollars in 2006, an increase of 35.9 percent over 2005. The value of global capital markets (the total market capitalization of all equity markets, the value of all bonds outstanding ...more
    SIFMA - Securities Industry and Financial Markets Association (11/7/2007)
  •  
  • Federal Reserve Board Approves Final Basel II Rules
    The Federal Reserve Board on Friday approved final rules to implement new risk-based capital requirements in the United States for large, internationally active banking organizations. The new advanced capital adequacy framework, known as Basel II, ...more
    Federal Reserve Board (11/5/2007)
  •  
  • SEC Staff Releases Accounting Bulletin For Written Loan Commitments Recorded at Fair Value Under GAAP
    The Securities and Exchange Commission's Office of the Chief Accountant and Division of Corporation Finance today announced the release of Staff Accounting Bulletin (SAB) No. 109, "Written Loan Commitments Recorded at Fair Value Through Earnings." ...more
    U.S. Securities & Exchange Commission (11/5/2007)
  •  
  • OCC Approves Basel II Capital Rule
    ( The Office of the Comptroller of the Currency )
    The Office of the Comptroller of the Currency announced today it has approved a final rule implementing the advanced approaches of the Basel II Capital Accord. This rule establishes regulatory and supervisory expectations for credit risk, through the ...more
    (11/1/2007)
  •  
  • SEC, FINRA Launch New Initiative to Assist Chief Compliance Officers at Broker-Dealer Firms
    The Securities and Exchange Commission and the Financial Industry Regulatory Authority (FINRA) today announced a new initiative to further promote strong compliance practices at broker-dealer firms for the protection of investors. ...more
    U.S. Securities & Exchange Commission (10/30/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    The International Accounting Standards Board met in London on 16 - 19 October, when it discussed: Conceptual framework, Fair value measurements, Financial instruments, Puttable financial instruments and obligations arising on liquidation, ...more
    International Accounting Standards Board (IASB) (10/30/2007)
  •  
  • BSEC NewsWire: Issue 7 - October 2007. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (10/23/2007)
  •  
  • Investors Optimistic About New Rules Designed To Integrate European Equity Markets
    ( Greenwich Associates )
    New research from Greenwich Associates reveals that a majority of European institutional investors believe that new financial market rules scheduled to take effect next month have a good chance of achieving regulators' stated ...more
    (10/22/2007)
  •  
  • The Subprime Blame Game: Where Were the Realtors?
    ( Knowledge@Wharton )
    It is a scene millions of Americans have been in -- sitting next to a real estate agent at closing to sign the loan contract and other papers for a new home. Often, the buyer has spent months with the agent. And to hear agents tell it, they are ...more
    (10/17/2007)
  •  
  • CAQ Issues White Papers on Illiquidity in the Markets
    ( Center for Audit Quality )
    In recent weeks the "liquidity crisis" that began in the subprime mortgage-related markets has spread to other corners of the credit markets and has a potentially pervasive impact on public companies generally with respect to ...more
    (10/3/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    The Board discussed sweep issues arising from comments received on the pre-ballot draft of a discussion paper on the reporting entity phase of the project. Most of the comments related to the first section of the discussion paper, which focuses on ...more
    International Accounting Standards Board (IASB) (9/28/2007)
  •  
  • Moody's Proposes Enhancements to Non-Prime RMBS Securitization
    The current turmoil in global credit markets has invited concern about both the lending methods by which subprime residential mortgage loans are originated and the securitization process by which pools of residential mortgage loans are ...more
    Moody's Investors Service, Inc. (9/25/2007)
  •  
  • ABS, MBS and CDO Compared: An Empirical Analysis
    ( Dennis Vink and Andr‚ E. Thibeault )
    The capital market in which the asset-backed securities are issued and traded is composed of three main categories: ABS, MBS and CDOs. We were able to examine a total number of 3,951 loans (worth Euro 730.25 billion) of which 1,129 (worth Euro ...more
    Nyenrode Business Universiteit - Center for Finance (9/24/2007)
  •  
  • Exemptions for Banks Under Section 3(a)(5) of the Securities Exchange Act of 1934 and Related Rules
    The Securities and Exchange Commission is adopting rules and rule amendments regarding exemptions from the definitions of "broker" and "dealer" under the Securities Exchange Act of 1934 for banks' securities activities. In particular, ...more
    U.S. Securities & Exchange Commission (9/24/2007)
  •  
  • BSEC NewsWire: Issue 6 - September 2007. Securitization News, Analysis & Commentary,
    BSEC - Bemo Securitisation (9/21/2007)
  •  
  • Assessing The Damage Of The 2007 Liquidity Crunch
    ( Greenwich Associates )
    A new study from Greenwich Associates reveals that the liquidity crunch in global credit markets sparked by the collapse of the U.S. sub-prime mortgage sector caused a nearly complete - if temporary - disruption in the trading and usage of many ...more
    (9/20/2007)
  •  
  • AIM Software Data Management System at Privatbank IHAG Extended by New Interface
    Swiss private bank benefits from new straight-through-processing APSYS interface from AIM Software for the automated request of security information ...more
    AIM Software (9/19/2007)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    IFRIC Update is published as a convenience to the IASB's constituents. All conclusions reported are tentative and may be changed or modified at future IFRIC meetings. Decisions become final only after the IFRIC has taken a formal vote on an ...more
    International Accounting Standards Board (IASB) (9/19/2007)
  •  
  • How We Got into the Subprime Lending Mess
    ( Knowledge@Wharton )
    When mortgage default rates started to climb earlier this year, many experts thought the damage would be confined to the minority of issuers that had binged on subprime lending. ...more
    (9/19/2007)
  •  
  • SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers
    Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the ...more
    U.S. Securities & Exchange Commission (9/19/2007)
  •  
  • Opal Financial Group To Host 2007 Securitization Awards
    Opal Financial Group will host the 2007 Securitization Awards during the Global Real Estate Finance (GREF) Summit and European Collateralized Debt Obligation (Euro CDO) Summit Wednesday, October 17, in Monte Carlo, Monaco. This ...more
    (9/17/2007)
  •  
  • Subprime Meltdown And The U.S. Economy
    ( Joint Economic Committee, U.S. Congress )
    Near the end of the recent housing price surge, some households with poor credit histories bought homes through adjustable rate mortgage loans (ARMs) for high risk borrowers, known as subprime residential mortgage loans. After the interest rates ...more
    (9/13/2007)
  •  
  • An Empirical Analysis of Asset-Backed Securitization
    ( Dennis Vink and Andr‚ E. Thibeault )
    In this study we provide empirical evidence demonstrating a relationship between the nature of the and the primary market spread. The model also provides predictions on how other pricing characteristics affect spread, since ...more
    Nyenrode Business Universiteit - Center for Finance (9/12/2007)
  •  
  • Hunter Wise Financial Group Announces $200 Million Senior Line of Credit for Commercial Mortgage Company
    Hunter Wise Financial Group, LLC, is pleased to announce that it has facilitated the placement of a new, $200 million senior line of credit for Commercial Capital, Inc., Denver Colorado, a privately held commercial mortgage ...more
    (9/11/2007)
  •  
  • Hedge Funds, Financial Intermediation, and Systemic Risk
    ( John Kambhu, Til Schuermann, and Kevin J. Stiroh. Federal Reserve Bank of New York )
    Financial economists and policymakers have historically focused on banks as prospective channels of systemic distress through, for instance, bank runs and the concomitant reduction in the supply of credit. This "special" attribute of ...more
    (9/10/2007)
  •  
  • Securitisation in Latin America
    Securitisation can transform ordinarily illiquid or risky assets into more liquid or less risky ones. Despite the recent rapid growth of securitisation, the Latin American market remains in its infancy, as reflected in the size and type ...more
    Bank for International Settlements (BIS) (9/3/2007)
  •  
  • In U.S. Fixed Income, Hedge Funds Are The Biggest Game In Town
    ( Greenwich Associates )
    Hedge funds generated nearly 30% of U.S. fixed-income trading volume last year among participants in the market's most extensive study, double the 15% they accounted for in the prior 12-month period. Total trading volume among the 1,333 ...more
    (8/30/2007)
  •  
  • ESF Securitisation Data Report, Summer 2007
    Market Outstanding Volume is Euro 1.28 Trillion as of 30 June 2007; European Securitisation Issuance Reaches Euro 280.6 Billion in the First Half of 2007. For the first time, the European Securitisation Forum (ESF) is publishing the outstanding ...more
    European Securitisation Forum (8/29/2007)
  •  
  • Adoption of Updated EDGAR Filer Manual
    The Securities and Exchange Commission (the Commission) is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) Filer Manual to reflect updates to the EDGAR system. Revisions are being made primarily ...more
    U.S. Securities & Exchange Commission (8/20/2007)
  •  
  • IFRIC Update: Newsletter of the International Financial Reporting Interpretations Committee
    The IFRIC met in London on 12 July 2007, when it discussed: IAS 18 Revenue-Customer contributions, IAS 27 Consolidated and Separate Financial Statements-Demergers and other in-specie distributions, IAS 39 Financial Instruments: ...more
    International Accounting Standards Board (IASB) (7/31/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    The International Accounting Standards Board met in London on 17 - 20 July, when it discussed: Post-employment benefits, Update on IFRIC activities, Conceptual framework, Financial instruments puttable at fair value and obligations arising ...more
    International Accounting Standards Board (IASB) (7/30/2007)
  •  
  • Hedge Funds, Financial Intermediation, and Systemic Risk
    ( Federal Reserve Bank of New York, Staff Report )
    Hedge funds are significant players in the U.S. capital markets, but differ from other market participants in important ways such as their use of a wide range ...more
    (7/23/2007)
  •  
  • Brazilian Domestic Securitization Research
    The second quarter began slowly, with only R$ 420.5 million in new issues in April. However, the period ended with the largest monthly amount issued year to ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (7/23/2007)
  •  
  • Banking Agencies Reach Agreement on Basel II Implementation
    The Federal Reserve, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Deposit Insurance Corporation ...more
    Federal Reserve Board (7/20/2007)
  •  
  • BSEC NewsWire: Issue 4 - July 2007. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (7/20/2007)
  •  
  • Federal Financial Regulatory Agencies Issue Final Statement on Subprime Mortgage Lending
    The Agencies are issuing a final interagency Statement on Subprime Mortgage Lending. This guidance has been developed to clarify how institutions can offer ...more
    Federal Reserve Board (7/2/2007)
  •  
  • Credit Rating Agencies Apply for Registration as Nationally Recognized Statistical Rating Organizations
    The Securities and Exchange Commission today announced that each of the credit rating agencies previously identified as a nationally recognized statistical ...more
    U.S. Securities & Exchange Commission (6/28/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    The Board discussed four issues that were identified in drafting the revised IFRS 3 Business Combinations and amendments to IAS 27 Consolidated and ...more
    International Accounting Standards Board (IASB) (6/28/2007)
  •  
  • Institutional Money Tops 25% of Assets For World's Largest Hedge Funds
    ( Greenwich Associates )
    Direct investments by endowments, foundations, corporate pension funds and public pensions together represent a quarter of the assets of the world's largest ...more
    (6/18/2007)
  •  
  • Securitisation in Hong Kong
    This article appeared in the third edition of The International Comparative Legal Guide to: Securitisation; published by Global Legal Group Ltd., London (www.iclg.co.uk) ...more
    Global Legal Group, Ltd. (5/29/2007)
  •  
  • SEC Approves New Guidance for Compliance with Section 404 of Sarbanes-Oxley
    The Securities and Exchange Commission today unanimously approved interpretive guidance to help public companies strengthen their internal control over ...more
    U.S. Securities & Exchange Commission (5/23/2007)
  •  
  • SEC Votes to Adopt Final Rules to Implement the Credit Rating Agency Reform Act of 2006
    The Securities and Exchange Commission today voted to adopt final rules to implement provisions of the Credit Rating Agency Reform Act of 2006 (Public Law ...more
    U.S. Securities & Exchange Commission (5/23/2007)
  •  
  • Markit Launches First Daily CDS of ABS Spread Service
    ( Markit Group Limited )
    Markit Group Limited, the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets, ...more
    (5/23/2007)
  •  
  • BSEC NewsWire: Issue 2 - May 2007. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (5/17/2007)
  •  
  • Global FX Surge Suggests Sustained Expansion, IR Derivatives Business Marks A Return To Growth
    ( Greenwich Associates )
    Global foreign exchange volumes increased 17% from 2005 to 2006, according to new research from Greenwich Associates. At the same time, the interest-rate ...more
    (5/15/2007)
  •  
  • Measuring Risk in the Hedge Fund Sector
    ( Federal Reserve Bank of New York )
    Recent high correlations among hedge fund returns could suggest concentrations of risk comparable to those preceding the hedge fund crisis of 1998. ...more
    (5/3/2007)
  •  
  • AIM Software Selected by Meinl Bank AG for Integrating Telekurs
    AIM Software (5/2/2007)
  •  
  • Securities Industry Financial Results: 2006
    For 2006, the securities industry reported financial returns that, for most indicators, matched or exceeded records set during the previous industry ...more
    SIFMA - Securities Industry and Financial Markets Association (5/2/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    At its meeting in March 2007 the Board tentatively decided to require an acquirer to measure non-controlling interests (NCI) at fair value unless ...more
    International Accounting Standards Board (IASB) (4/30/2007)
  •  
  • Researching the Federal Securities Laws Through the SEC Website
    This guide provides an overview of how to research the securities law through the SEC website and is provided as a service to investors and members ...more
    U.S. Securities & Exchange Commission (4/27/2007)
  •  
  • Researching Public Companies Through EDGAR: A Guide for Investors
    The SEC's EDGAR database provides free public access to corporate information, allowing you to quickly research a company's financial information and ...more
    U.S. Securities & Exchange Commission (4/27/2007)
  •  
  • SEC, UK FSA, and UK FRC Sign Protocol for Sharing Information on Application of IFRS
    The Securities and Exchange Commission, the United Kingdom Financial Services Authority (FSA), and the United Kingdom Financial Reporting Council (FRC) ...more
    U.S. Securities & Exchange Commission (4/25/2007)
  •  
  • The Brazilian Securitization Market: A Primer
    In 2006 the Brazilian domestic securitization market registered its fourth consecutive year of new records. The solid and consistent growth presented to ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (4/23/2007)
  •  
  • ESF Securitisation Data Report - Spring 2007
    European Securitisation Volume Surges to Record First Quarter of Euro 125.7 billion; RMBS, CMBS and CDO Sectors Lead the Way. European securitisation issuance reached a ...more
    European Securitisation Forum (4/20/2007)
  •  
  • AIM Software Announced Going Live of its Reference Data Management Solution at SPARX Group
    AIM Software (4/17/2007)
  •  
  • Interagency Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities
    The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the ...more
    Board of Governors of the Federal Reserve System (4/17/2007)
  •  
  • State Street Introduces Vision Report on Hedge Funds
    The long-awaited escalation of institutional investment in hedge funds appears to be gaining speed. This has been driven in part by current trends in ...more
    State Street--Corporate Trust (4/11/2007)
  •  
  • Electronic Trading Systems Capture One Half of Global FX Volume
    ( Greenwich Associates )
    For the first time, "buy side" foreign currency traders in 2006 executed more than half of total global FX trading volume through electronic trading ...more
    (4/10/2007)
  •  
  • New Products and Strategies Shake Up "Traditional" Asset Allocations for U.S. Institutions
    ( Greenwich Associates )
    U.S. pension funds and endowments continue to shift assets out of domestic stock investments and into hedge funds, private equity and international ...more
    (4/10/2007)
  •  
  • SEC Commissioners Endorse Improved Sarbanes-Oxley Implementation To Ease Smaller Company Burdens, Focusing Effort On 'What Truly Matters'
    The SEC's Commissioners today endorsed the recommendations of the agency's professional staff to eliminate waste and duplication in the Sarbanes-Oxley ...more
    U.S. Securities & Exchange Commission (4/5/2007)
  •  
  • U.S. Employers Reduce Use of Stock Options in Favor of Other Compensation Alternatives
    ( Greenwich Associates )
    New research from Greenwich Associates reveals that U.S. companies are altering the composition of their equity-based employee compensation plans ...more
    (4/3/2007)
  •  
  • Securities Industry Reports Strong 4Q'06 Profits Completing A Record Year
    The US securities industry reported 4Q'06 pre-tax net income (profits) of $10.8 billion, bringing total domestic profits for 2006 to $33.1 billion. ...more
    SIFMA - Securities Industry and Financial Markets Association (4/2/2007)
  •  
  • The Role of Retail Banking in the U.S. Banking Industry: Risk, Return, and Industry Structure
    ( Federal Reserve Bank of New York )
    In recent years, retail banking has become a key area of strategic emphasis in the U.S. banking industry, as evidenced by rising trends in retail loan ...more
    (3/29/2007)
  •  
  • AIM Software Rolls Out GAIN 4.0 for Golden Copy Management
    AIM Software (3/28/2007)
  •  
  • Termination of a Foreign Private Issuer's Registration of a Class of Securities Under the Exchange Act
    We are adopting amendments to the rules that govern when a foreign private issuer may terminate the registration of a class of equity securities ...more
    U.S. Securities & Exchange Commission (3/28/2007)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    The Board discussed three issues: -- the presentation of changes in assets and liabilities. -- the presentation of other comprehensive income ...more
    International Accounting Standards Board (IASB) (3/28/2007)
  •  
  • U.S. Investment Management: The Calm Before the Liability Storm?
    ( Greenwich Associates )
    New research from Greenwich Associates suggests that the U.S. asset management industry is on the brink of revolutionary change as pension ...more
    (3/27/2007)
  •  
  • 2007 State Street Hedge Fund Research Study
    State Street, in conjunction with the Global Absolute Return Congress, conducted a study among institutional investors at the 2006 Global ARC event, ...more
    State Street--Corporate Trust (3/22/2007)
  •  
  • Countdown to Credit Derivative Futures, Are Exchange-Traded Futures Poised to Revolutionize the Credit Derivative Market?
    ( By Fiona Pool and Betsy Mettler, B&B Structured Finance. Published in the March/April 2007 issue of Futures Industry )
    The credit derivatives market is one of today's most important over-the-counter markets. The growth of the market has outperformed all expectations, ...more
    (3/22/2007)
  •  
  • AIMA's Guide to Sound Practices for Hedge Fund Valuation
    ( The Alternative Investment Management Association Limited )
    It has always been a goal of the hedge fund industry to drive forward initiatives in order to enhance sound practices. In 2005, AIMA published its ...more
    (3/22/2007)
  •  
  • New developments in Clearing and Settlement Arrangements for OTC Derivatives
    Since the publication by the BIS in 1998 of a report on OTC derivatives: settlement procedures and counterparty risk management, the markets for ...more
    Bank for International Settlements (BIS) (3/16/2007)
  •  
  • Subprime Mortgage Lending: Request for Comment on Proposed Statement on Subprime Mortgage Lending
    The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, ...more
    U.S. Department of the Treasury (3/8/2007)
  •  
  • Canadian Pension Assets Top $1 Trillion
    ( Greenwich Associates )
    Assets under management by Canadian pension funds topped the $1 trillion mark for the first time in 2006 thanks in large part to the recent ...more
    (2/27/2007)
  •  
  • Common Approach to Private Pools of Capital Guidance on hedge fund issues focuses on systemic risk, investor protection
    The President's Working Group on Financial Markets (PWG) released a set of principles and guidelines today that will guide U.S. financial ...more
    U.S. Department of the Treasury (2/22/2007)
  •  
  • U.S. Bond Market Issuance Increases in 2006; Equity, Higher Credit Risk Asset Classes Top Performers
    U.S. Bond issuance reached $6.13 trillion in 2006, the second highest issuance year ever. The corporate bond sector led the way, as rising mergers ...more
    SIFMA - Securities Industry and Financial Markets Association (2/22/2007)
  •  
  • Asian Equities: Soaring Returns, Surging Trading Volumes - And More Growth Ahead?
    ( Greenwich Associates )
    Buoyed by outsized returns and driven by an influx of hedge funds, equity market trading volumes surged throughout Asia in 2006, and institutional ...more
    (2/20/2007)
  •  
  • Challenges of Structured Finance Data Analysis in Emerging Markets
    ( Keith Allman, EnstructCorp )
    Structured finance transactions in nascent markets have a variety of challenging aspects, but the most fundamental difficulty for deal analytics ...more
    (2/15/2007)
  •  
  • Greenwich Associates Unveils Quality Index For Middle-Market Business Insurance Brokers
    ( Greenwich Associates )
    Greenwich Associates today released its 2006 Middle-Market Broker Quality Index, in which business insurance customers rated the following ...more
    (2/12/2007)
  •  
  • Memorandum on the Mutual Funds (Annual Returns) Regulations, 2006
    Cayman, February 2007. The Mutual Funds Law (2003 Revision) was recently amended by The Mutual Funds (Amendment) Law, 2006. The Amendment Law ...more
    Conyers Dill & Pearman (2/12/2007)
  •  
  • ESF Securitisation Market Outlook, February 2007
    European Securitisation Forum Forecasts Issuance to Grow to a New Record of Euro 531 Billion in 2007, Led by RMBS, CMBS and CDO Sectors. ...more
    European Securitisation Forum (2/6/2007)
  •  
  • National Loan Exchange, Inc. (''NLEX'') announces the availability of monthly junior lien residential mortgage loan account notes
    National Loan Exchange, Inc. is currently offering approximately $6 million per month of junior lien mortgage accounts, available for bid at ...more
    (2/1/2007)
  •  
  • Large Institutions Accelerate Adoption of E-Trading in Japanese Equities
    ( Greenwich Associates )
    Japan's largest institutions are leading a long-awaited push into electronic equity trading with a strong move into algorithmic trading ...more
    (1/31/2007)
  •  
  • ESF Securitisation Data Report, Winter 2007
    European securitisation issuance established a record in 2006 with an estimated Euro 458.9 billion, surpassing the previous record of Euro 327.0 billion ...more
    European Securitisation Forum (1/30/2007)
  •  
  • Emerging Hedge Fund Manager Sentiment Survey: Results Analysis
    ( VanthedgePoint Group, Inc. )
    VanthedgePoint Group, Inc., an integrated financial services and technology firm catering to small hedge funds, conducted its second annual ...more
    (1/30/2007)
  •  
  • Hedge Fund European Fixed-Income Trading Volume Doubles; Managers Cast Wider Net For Liquidity
    ( Greenwich Associates )
    Hedge fund trading volume in European fixed income doubled in 2006 as hedge fund managers sought to diversify their sources of financing and securities ...more
    (1/16/2007)
  •  
  • Markit Acquires ABSReports
    Markit Group Limited, the leading industry source of independent data, portfolio valuations and OTC derivative trade processing for the global ...more
    Markit Group (1/9/2007)
  •  
  • European Fixed Income: Institutional Strategies for the Hedge Fund Era
    ( Greenwich Associates )
    With hedge funds generating a growing share of the trading business in many fixed-income products - and a majority of the volume in several ...more
    (12/20/2006)
  •  
  • U.S. Large Corporate Banking: Assessing The Risks of Credit Concentration
    ( Greenwich Associates )
    Large U.S. companies are concentrating an extraordinary amount of credit and other financial service business with a small number of the ...more
    (12/19/2006)
  •  
  • International Regulatory Outlook, December 2006
    ( Financial Services Authority )
    The international regulatory agenda for the coming year continues to be dominated by the implementation of significant banking and securities ...more
    (12/14/2006)
  •  
  • Canadian Companies Predict Another Big Year For M&A
    ( Greenwich Associates )
    Canadian companies expect mergers and acquisitions activity in the coming year to exceed the record-breaking levels of the past 12 months. ...more
    (12/13/2006)
  •  
  • ARMS - Up-To-Date Ratings For Your Business!
    Securitisation Consulting GmbH, a German Consulting and software development company focused on Asset Securitisation, launched a powerful ...more
    Securitisation Consulting GmbH (12/13/2006)
  •  
  • Private Banks and Hedge Funds Drive Growth in Asian Fixed Income
    ( Greenwich Associates )
    As their assets under management surge, private banks are joining hedge funds as one of the most important drivers of trading volume in ...more
    (12/5/2006)
  •  
  • Banking Issue Briefing: December 2006 - Compliance Risk Management
    Federal banking regulators fine tune expectations for enterprise-wide compliance risk management programs. Throughout 2006, the Board of Governors ...more
    Deloitte & Touche LLP (12/5/2006)
  •  
  • Surging Government Bond Trading Volume Drives Growth in Japanese Fixed Income
    ( Greenwich Associates )
    Solidifying a trend that began last year, Japanese domestic institutional fixed-income investors significantly boosted their trading in 2006, ...more
    (12/5/2006)
  •  
  • European Structured Finance Monitor
    Despite moving into December the visible pipeline has in fact grown this week: 12 deals have been priced but 15 added, leaving a considerable ...more
    Informa Global Markets - Structured Finance Watch Europe (12/1/2006)
  •  
  • Mexico/Caribbean/Latin American condotel unit financing first lien loan sale
    ( United Funding Corporation )
    (11/30/2006)
  •  
  • With Investors Demanding More Personal Attention, CFOs Increase Commitment To Investor Relations
    ( Greenwich Associates )
    Due in large part to demands from institutional investors for more face time with company management teams, more than 40% of the corporate ...more
    (11/27/2006)
  •  
  • AIM Survey: Financial Institutions Struggling with Regulations and Realising Efficiencies
    According to a new survey undertaken by AIM Software, the financial industry continues to struggle with compliance with regulations, including Basel ...more
    AIM Software (11/20/2006)
  •  
  • Equity Derivatives: Already Ubiquitous in North America, But Still Growing
    ( Greenwich Associates )
    Greenwich Associates' 2006 North American Equity Derivatives Study confirms that flow equity derivatives have become ubiquitous among North ...more
    (11/16/2006)
  •  
  • @Regulatory: Special Feature Article: Cross-Financial Services
    Institutions in the financial services industry ("FSI") are familiar with state unclaimed property laws due to the heavily regulated nature ...more
    Deloitte & Touche LLP (11/15/2006)
  •  
  • European Structured Finance Monitor
    Primary round-up for week of November 6. Over EUR 12bln equivalent has priced over the course of the week, but with EUR 42bln still in the pipeline, ...more
    Informa Global Markets - Structured Finance Watch Europe (11/10/2006)
  •  
  • AIM Software and Reuters Team Up To Automate Financial Data For Corporate Customers
    AIM Software, a provider of reference data management solutions to the financial industry, announced today it has teamed up with Reuters to ...more
    AIM Software (11/10/2006)
  •  
  • ESF Securitisation Data Report - Autumn 2006
    European Securitisation Issuance Pace Continues to be Very Strong Led by the Mortgage and CDO Sectors. European securitisation new issue volume ...more
    European Securitisation Forum (11/7/2006)
  •  
  • Speaking of Securitization: Accounting & Disclosure for Uncertain Tax Positions
    FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48) introduces a new approach to the accounting for uncertainty in income taxes ...more
    Deloitte & Touche LLP (11/7/2006)
  •  
  • National Loan Exchange, Inc. Announces the Sale of $127 Million of Active Automobile Loans
    ( National Loan Exchange, Inc. )
    (11/6/2006)
  •  
  • Mortgage REITs Face Challenging Times
    Residential mortgage real estate investment trusts (REITs) have faced a difficult operating environment over the past 18 months. In 2002, with the ...more
    Deloitte & Touche LLP (11/2/2006)
  •  
  • Derivatives, Hedge Funds Challenge Financial Regulators
    ( Institutional Risk Analytics )
    Derivatives are financial instruments whose value depends on the value of some other instrument. Common examples are puts and calls, whose ...more
    (11/2/2006)
  •  
  • Asset-Backed Update
    Special ABS East Conference Issue. Don't ignore the man behind the curtain...but don't ignore the number either. ...more
    BMO Capital Markets -- Asset Securitization Group (11/2/2006)
  •  
  • SFAS 155 Implementation Issue: FASB Agrees to Expose a Proposed Scope Exception for Certain Securitized Interests in Prepayable Financial Assets
    At the Financial Accounting Standards Board meeting on October 25, 2006, the FASB approved a proposed narrow scope exception for certain beneficial interests ...more
    PricewaterhouseCoopers LLP -- Structured Finance Group (11/1/2006)
  •  
  • Isle of Man Introduces New Companies Act
    ( Weber Shandwick )
    The Isle of Man Treasury has announced today that the Isle of Man Companies Act 2006 has become Law. The Act which marks the biggest change in Isle of Man ...more
    (11/1/2006)
  •  
  • FSB EITF 00-19b: Accounting for Registration Payment Arrangements
    On October 20, 2006, the FASB issued for comment a proposed FASB Staff Position (FSP) EITF 00-19-b, "Accounting for Registration Payment Arrangements" ...more
    Ernst & Young LLP (10/30/2006)
  •  
  • Greenwich Debuts Quality Index For Business Insurance Carriers
    ( Greenwich Associates )
    Greenwich Associates today announced the release of the business insurance industry's first third-party, objective index of carrier quality. ...more
    (10/30/2006)
  •  
  • Securities Issue Briefing: Trade Reporting. What Broker-Dealers Need to Know
    Trade reporting is one of the many regulations specific to the broker-dealer industry. Imposed by the National Association of Securities Dealers ...more
    Deloitte & Touche LLP (10/30/2006)
  •  
  • FASM Agrees to Scope Exception for Certain Prepayment Risk
    At the October 25, 2006 FASB Board meeting, the Board agreed (6-1) to expose for comment a draft Statement 133 Implementation Issue that would provide ...more
    Ernst & Young LLP (10/26/2006)
  •  
  • Asset Securitisation in Germany
    ( 2nd Edition in German and English )
    Asset securitisation in Germany - since the first edition of this handbook published in May 1999 this type of financing has become more and more important. ...more
    Deloitte & Touche GmbH (10/25/2006)
  •  
  • October 18, 2006 FASB Board Meeting on the Fair Value Option
    During the October 18, 2006 FASB Meeting, the Board re-deliberated certain issues of Phase 1 of the Fair Value Option ("FVO"), as follows: ...more
    Ernst & Young LLP (10/25/2006)
  •  
  • FASB's October 18 Meeting on Legal Isolation
    Transfers Project - Legal Isolation Criteria. At the October 18, 2006 FASB Meeting, a tentative decision was made to require the legal analysis ...more
    Ernst & Young LLP (10/24/2006)
  •  
  • @Regulatory: Latest Developments Across the Banking, Securities, Investment Management and Insurance Industries
    Cross-FSI: Spotlight on Business Continuity. International Regulators Issue Joint Guidance to Remind Financial Services Firms the Importance of Being Prepared. ...more
    Deloitte & Touche LLP (10/19/2006)
  •  
  • Application of Statement 155 to Investor Accounting for Mortgage-Backed Securities (MBS) - Markets Are Concerned/FASB Asked to Analyze
    Banks, financial institutions, insurance companies, real estate companies, and others have become increasingly concerned in recent weeks about whether ...more
    Ernst & Young LLP (10/17/2006)
  •  
  • Implementation Questions and Other Considerations Regarding SAB 108
    The SEC staff's recently issued Staff Accounting Bulletin (SAB) 1081 provides guidance on quantifying and evaluating the materiality of ...more
    Deloitte & Touche LLP (10/17/2006)
  •  
  • European Structured Finance Monitor : 13 October 2006
    For all the new announcements and deal updates pinging around over the past few days, new issues this week were limited to just three consumer ...more
    Informa Global Markets - Structured Finance Watch Europe (10/13/2006)
  •  
  • Observed range of practice in key elements of Advanced Measurement Approaches (AMA)
    The work of the Accord Implementation Group's Operational Risk Subgroup (AIGOR) focuses on the practical challenges associated with the development, ...more
    Basel Committee on Banking Supervision (10/13/2006)
  •  
  • Wilmington Trust Announces Major Initiative in Corporate Client Services Business
    Wilmington Trust announced today that it is expanding its capital markets business with the addition of collateral administration services for ...more
    Wilmington Trust Company (10/10/2006)
  •  
  • Cash Flow Hedge of Variable Rate Assets and Liabilities
    At the October 4, 2006 FASB meeting, the Board discussed whether to issue a Statement 133 Implementation Issue to clarify the accounting for a cash ...more
    Ernst & Young LLP (10/6/2006)
  •  
  • U.S. Implementation of Basel II Securitization Framework
    On September 25, 2006, the U.S. Federal bank regulators (the "Agencies") published a notice of proposed rulemaking (the "NPR") to implement the Basel II ...more
    Robert F. Hugi, Mayer Brown LLP (10/6/2006)
  •  
  • Core Principles for Effective Banking Supervision
    At the International Conference of Banking Supervisors held in M‚rida, Mexico, on 4-5 October 2006, bank supervisors from central banks and ...more
    Basel Committee on Banking Supervision (10/5/2006)
  •  
  • Interagency Guidance on Nontraditional Mortgage Product Risks
    The Agencies developed this guidance to address risks associated with the growing use of mortgage products that allow borrowers to ...more
    Federal Deposit Insurance Corporation (FDIC) (9/29/2006)
  •  
  • Texas Teachers Plans for Portfolio Growth
    The pension system for public school teachers in Texas wants to add more than $1 billion of securitized products to its investment portfolio. ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (9/22/2006)
  •  
  • FASB's Sept. 20, 2006 Education Session on Permitted Activities of QSPE's
    At the September 20, 2006 FASB education session, the board discussed the following two approaches for clarifying activities permitted in QSPEs. ...more
    Ernst & Young LLP (9/21/2006)
  •  
  • FASB Issues Statement 157 on Fair Value Measurement
    On September 15, 2006 the FASB issued, FASB Statement No. 157 on fair value measurement. The standard provides guidance for using fair value to ...more
    Ernst & Young LLP (9/18/2006)
  •  
  • European Structured Finance Monitor : 15 September 2006
    There has been a lot of banter about a supply deluge hitting the market in September, and although volumes are some way from reaching that, last week ...more
    Informa Global Markets - Structured Finance Watch Europe (9/15/2006)
  •  
  • JP Morgan Alters Conduits for European Assets
    J.P. Morgan Chase is reorganizing its commercial-paper conduit area, partly because it wants to boost the volume of assets it securitizes ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (9/15/2006)
  •  
  • Clearance of AcSEC SOP and Application of FIN 46R to Investment Companies
    At the September 13, 2006 FASB meeting, the Board discussed the proposed clearance of AICPA Statement of Position (SOP), Clarification of the Scope of the ...more
    Ernst & Young LLP (9/15/2006)
  •  
  • Hedge Fund Fixed-Income Trading Volumes Soar
    ( Greenwich Associates )
    The already considerable influence of hedge funds in U.S. fixed-income markets increased last year as hedge fund trading volume soared between ...more
    (9/13/2006)
  •  
  • XLCA provides Triple-A Financial Guarantee for Bonds Issued by Mighty River Power Limited
    XL Capital Assurance Inc. announced that it has issued a triple-A rated financial guarantee for NZD 300 million of floating rate bonds issued ...more
    XL Capital Assurance Inc. (9/7/2006)
  •  
  • @Regulatory : News Bulletins : Banking
    As Basel II implementation deadlines draw closer, the Basel Committee on Banking Supervision ("BCBS") and the Core Principles Liaison group ...more
    Deloitte & Touche LLP (9/1/2006)
  •  
  • Fair value accounting for financial instruments: some implications for bank regulation
    On 11-12 November 2005, the BIS held a Workshop on "Accounting, risk management and prudential regulation", which brought together a multi-disciplinary ...more
    Bank for International Settlements (BIS) (8/31/2006)
  •  
  • Asset Servicing: Better, faster ... smaller?
    The following articles, which first appeared in the June 2006 issue of Financial i, look at changes in convergence and consolidation as well as how ...more
    Deloitte & Touche LLP (8/30/2006)
  •  
  • FAS 133 Paragraph 29(c) - Hedging a Forecasted FX Debt Issuance
    At the August 16, 2006 FASB meeting, the Board discussed potential implementation guidance relating to paragraph 29(c) of Statement 133 with respect to ...more
    Ernst & Young LLP (8/29/2006)
  •  
  • Despite Reversal, SEC Registration Leaves A Lasting Legacy For Hedge Funds
    ( Greenwich Associates )
    New research from Greenwich Associates suggests that the Securities and Exchange Commission's short-lived experiment with hedge fund registration may ...more
    (8/23/2006)
  •  
  • European Structured Finance Monitor : 18 August 2006
    Primary round-up for week of August 14. The traditional August lethargy maintained its grip on the market this week, with barely a whisper of new ...more
    Informa Global Markets - Structured Finance Watch Europe (8/18/2006)
  •  
  • Proposed Amendment to SFAS 140: Board Chooses to Redeliberate Additional Issues
    On June 7th, 2006, the Financial Accounting Standards Board decided to proceed with, and redeliberate certain issues related to, the SFAS 140 transfer ...more
    PricewaterhouseCoopers LLP -- Structured Finance Group (8/18/2006)
  •  
  • Fair Value Measurement and Fair Value Option Projects
    On Wednesday, August 16, 2006, the FASB discussed the timing of issuance of its Fair Value Measurement (FVM) Statement and began re-deliberating the ...more
    Ernst & Young LLP (8/17/2006)
  •  
  • Wilmington Trust Expands Tender Option Bond Trustee Services
    Wilmington Trust announced that its Corporate Client Services (CCS) business is expanding its services to issuers, program managers, and investors ...more
    Wilmington Trust Company (8/15/2006)
  •  
  • ESF Securitisation Data Report - Summer 2006
    European Securitisation Issuance On Pace for Another Record Year; Mortgage and CDO Sectors Lead the Way. The European securitised and structured product issuance ...more
    European Securitisation Forum (8/14/2006)
  •  
  • SEC Offers Further Relief From Section 404 Compliance for Smaller Public Companies and Many Foreign Private Issuers
    The Securities and Exchange Commission today issued two releases to grant smaller public companies and many foreign private issuers further relief from ...more
    U.S. Securities & Exchange Commission (8/9/2006)
  •  
  • Brazilian market up 28% for the semester despite setback last quarter
    Following the stunning growth of over 1000% achieved in the first quarter, compared to the same period last year, the market for asset backed securities ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (8/7/2006)
  •  
  • Manual of Publicly Available Telephone Interpretations
    ( SEC Division of Corporation Finance )
    On August 8 the SEC posted a revised series of telephone interpretations on various provisions of Regulation AB and related rules that were released ...more
    U.S. Securities & Exchange Commission (8/7/2006)
  •  
  • SEC Prohibits Use of Short-cut Method for Hedges Involving Trust Preferred Security
    The SEC has recently affirmed its interpretation that Statement 133 prohibits the use of paragraph 68's "short-cut method" for all fair value hedges ...more
    Ernst & Young LLP (8/4/2006)
  •  
  • XLCA-UK Provides Triple-A Financial Guarantee for Bonds Backed by Obligations of Region of Lazio, Italy
    XL Capital Assurance (U.K.) Limited today announced that it has issued a triple-A rated financial guarantee for EUR482 million of notes offered in ...more
    XL Capital Assurance Inc. (8/4/2006)
  •  
  • @Regulatory : News Bulletins : Banking
    FinCEN Releases 2006 SAR Activity Review. In May 2006, the U.S. Treasury's Financial Crimes Enforcement Network ("FinCEN") unveiled its long-awaited edition ...more
    Deloitte & Touche LLP (8/4/2006)
  •  
  • SIA-BMA Merger Approved by Members, SIFMA Transition Begins
    The Securities Industry Association and The Bond Market Association today announced that their respective member firms have voted to merge the two organizations ...more
    The Bond Market Association (7/27/2006)
  •  
  • Life Reinsurance Giant Gains Regulatory Relief Thanks to Ambac Guarantee
    Ambac Financial Group (7/27/2006)
  •  
  • Ambac Guarantees First Bond for a UK Football Stadium
    Ambac Financial Group (7/27/2006)
  •  
  • Mayer, Brown, Rowe & Maw advises HSH on innovative SIV
    International law firm Mayer, Brown, Rowe & Maw LLP has advised HSH Nordbank AG ('HSH') on the establishment of an innovative new Structured Investment ...more
    Mayer Brown LLP (7/27/2006)
  •  
  • IASB Update: Board Decisions on International Financial Reporting Standards
    The International Accounting Standards Board met in London on 18 - 21 July, when it discussed: Business Combinations II, Insurance, Accounting standards ...more
    International Accounting Standards Board (IASB) (7/26/2006)
  •  
  • FASB's July 26, 2006 Meeting on the SFAS 140 Amendment and Servicer Discretion
    At the July 26, 2006 FASB meeting, the FASB made decisions on which items and how such items in the SFAS 140 Amendment (Transfers Project) and the Servicer ...more
    Ernst & Young LLP (7/26/2006)
  •  
  • European Structured Finance Monitor : 21July 2006
    New issuance tailed off last week, but the final week of July and the first few days of August should be a lot more fruitful. The size of the CMBS pipeline ...more
    Informa Global Markets - Structured Finance Watch Europe (7/21/2006)
  •  
  • Summary of July 19, 2006 FASB Education Session on FAS 140 Exposure Draft
    On July 19, 2006 the FASB held an Education Session to discuss the Statement No. 140 Exposure Draft on transfers of financial assets as well as ...more
    Ernst & Young LLP (7/21/2006)
  •  
  • How Compliance Has Changed The Finance Department - Forever
    Finance departments have amassed huge amounts of data to meet mandates such as Sarbanes-Oxley and Basel II. BearingPoint believes substantial opportunities ...more
    BearingPoint GmbH (7/17/2006)
  •  
  • SEC Moves Forward on Sarbanes-Oxley 404 Improvements
    The Securities and Exchange Commission, in another step toward improving the implementation of the Sarbanes-Oxley investor protection law, today published ...more
    U.S. Securities & Exchange Commission (7/11/2006)
  •  
  • European Structured Finance Monitor : 7 July 2006
    With just over EUR 7bln pricing this week, it has been an easy start to July. But it is by no means the signal of a market slowdown as one new announcement ...more
    Anil Mayre, Informa Global Markets - Structured Finance Watch Europe (7/7/2006)
  •  
  • XLCA-UK Guarantees Bonds Issued To Finance The South Lanarkshire Secondary Schools Modernisation Project
    XL Capital Assurance (U.K.) Limited announced today that it has issued a œ320 million triple-A rated financial guarantee for the financing of the South ...more
    XL Capital Assurance Inc. (6/29/2006)
  •  
  • XLCA-UK Provides Triple-A Rated Guarantees To Fund Norwegian Transportation Project
    XL Capital Assurance (U.K.) Limited announced today that it has issued triple-A rated financial guarantees totaling NOK 3.15 billion (approximately US ...more
    XL Capital Assurance Inc. (6/29/2006)
  •  
  • Exchange Data International Forms Alliance with AIM Software
    AIM Software (6/27/2006)
  •  
  • European Structured Finance Monitor : 23 June 2006
    Delphinus upsizes to EUR 3.3bln, prices Triple As at 12bp - New RMBS added to pipeline including EUR 6bln from Southern Europe ...more
    Informa Global Markets - Structured Finance Watch Europe (6/23/2006)
  •  
  • BSEC Announces the Successful Closing of the First Ever Oil and Gas Shariah Compliant Securitisation
    BSEC - Bemo Securitisation (6/19/2006)
  •  
  • Securitisation in Asia and the Pacific: Implications for Liquidity and Credit Risks
    A surge in structured finance in Asia and the Pacific has been driven by the securitisation of consumer loans and mortgages, a largely liquidity transforming ...more
    Bank for International Settlements (BIS) (6/13/2006)
  •  
  • European Structured Finance Monitor : 9 June 2006
    Over EUR 6bln equivalent priced this week, and despite some selected softening in certain areas in the secondary arena, primary market spreads continue to ...more
    Anil Mayre, Informa Global Markets - Structured Finance Watch Europe (6/9/2006)
  •  
  • XLCA Guarantees AUD680 Million of Senior Secured Bonds to Refinance Bank Debt of Dalrymple Bay Coal Terminal in Queensland, Australia
    XL Capital Assurance Inc. (XLCA) today announced that it has issued a triple-A rated financial guarantee for AUD680 million of senior secured ...more
    XL Capital Assurance Inc. (6/9/2006)
  •  
  • Home-host information sharing for effective Basel II implementation
    The Basel Committee on Banking Supervision today issued a paper setting forth general principles for sharing of information between home country and host ...more
    Bank for International Settlements (BIS) (6/2/2006)
  •  
  • European Securitisation Issuance Increased in First Quarter Led by the RMBS and CDO Sectors
    European securitised and structured product issuance continued to grow in the first quarter of 2006, with volume 40.0 percent higher than the same ...more
    European Securitisation Forum (5/30/2006)
  •  
  • Wall Street Analytics Releases New Automation Tools
    Wall Street Analytics, Inc. (WSA), a developer of sophisticated structured finance software, has launched a powerful API and macro language as a part of ...more
    Wall Street Analytics International, Inc. (5/26/2006)
  •  
  • Wilmington Trust Acquires PwC Corporate Services (Cayman) Limited
    Wilmington Trust announced today that it has acquired PwC Corporate Services (Cayman) Limited (PwCS), a provider of company administration ...more
    Wilmington Trust Company (5/25/2006)
  •  
  • Transparency of European Bond Markets
    A cross market group of associations has today published two independent studies on the corporate and government bond markets in Europe, ...more
    The Bond Market Association (5/24/2006)
  •  
  • Lava Trading Selects GAIN for Reference Data Management
    AIM Software (5/22/2006)
  •  
  • First Quarter Bond Market Issuance Increases to $1.4 Trillion in a Rising Rate Environment
    Bond issuance rose in the first quarter to $1.40 trillion, a 2.9 percent increase from the $1.36 trillion issued in the first quarter a year ago and ...more
    The Bond Market Association (5/12/2006)
  •  
  • Interagency Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities
    Five federal agencies today requested public comment on a revised proposed statement on the complex structured finance activities of financial institutions. ...more
    U.S. Securities & Exchange Commission (5/9/2006)
  •  
  • Capital Markets Update: SEC Substantially Reduces Filing and Transaction Fees
    On May 3, 2006, the Securities and Exchange Commission announced a substantial reduction in the filing fee paid by registrants and in the transaction fee paid ...more
    Mayer Brown LLP (5/9/2006)
  •  
  • The Joint Forum: The Management of Liquidity Risk in Financial Groups
    This paper presents the results of a review by the Joint Forum's Working Group on Risk Assessment and Capital of funding liquidity risk management practices ...more
    Bank for International Settlements (BIS) (5/3/2006)
  •  
  • SEC Announces Billion Dollar Fee Cut to Benefit Investors
    The Securities and Exchange Commission announced today that fees on securities transactions and registrations will be reduced by $1 billion in the ...more
    U.S. Securities & Exchange Commission (5/3/2006)
  •  
  • The Joint Forum: Regulatory and market differences: issues and observations
    At an industry roundtable hosted by the Joint Forum in November 2003, participants discussed a number of Joint Forum papers on the subject of risk management and ...more
    Bank for International Settlements (BIS) (5/3/2006)
  •  
  • Federal Reserve Board Announces Hearings on Home Equity Lending / Requests Comments
    The Federal Reserve Board on Monday invited consumers, consumer advocacy organizations, lenders, and other interested parties to participate in four public ...more
    Federal Reserve Board (5/1/2006)
  •  
  • Domestic Brazilian Securitization Issues Reach New Record in First Quarter of 2006
    The growth rate of issues in the domestic Brazilian securitization market reached a new level in the first quarter of 2006. According to Uqbar's Brazilian ...more
    Uqbar Educa‡Æo & Informa‡Æo Financeira Avan‡ada Ltda. (5/1/2006)
  •  
  • U.S. Treasury Requests Public Comment on Securities Lending Facility
    The U.S. Treasury Department released a request for public comment today on the establishment of a securities lender of last resort (SLLR). The Department ...more
    U.S. Department of the Treasury (4/26/2006)
  •  
  • Wilmington Trust profits rise 13%, Dividend raised for 25th consecutive year
    Wilmington Trust Corporation (NYSE: WL) reported that net income for the first quarter of 2006 was $44.1 million. This was 13% higher than for the ...more
    Wilmington Trust Company (4/21/2006)
  •  
  • ODL Securities Deploys Reference Data Management Platform from AIM Software
    AIM Software, a leading provider of reference data management solutions to the financial industry, announced today that London-based trading house ODL ...more
    AIM Software (4/19/2006)
  •  
  • ONE Financial Launches Second Series Of Profit Lock-In Note Family
    ONE Financial today announced it is launching the second series of its Profit Lock-InT and Profit Lock-In & CashflowT Notes. The launch follows positive investment ...more
    ONE Financial (4/11/2006)
  •  
  • The Influence of Credit Derivative and Structured Credit Markets on Financial Stability
    ( International Monetary Fund )
    (4/11/2006)
  •  
  • The Bank of New York to Acquire JPMorgan Chase's Corporate Trust Business
    The Bank of New York Company, Inc. announced today it has entered into a definitive agreement with JPMorgan Chase to acquire its corporate trust business as ...more
    The Bank of New York (4/8/2006)
  •  
  • Registration Statement Filed For Initial Public Offering of XL Capital Ltd's Financial Guaranty Business
    XL Capital Ltd announced today that Security Capital Assurance Ltd - a newly-created holding company for XL's financial guaranty insurance and reinsurance ...more
    XL Capital Assurance Inc. (4/7/2006)
  •  
  • Hedge Fund Research Study: Key Findings
    State Street Corporation, in conjunction with the Global Absolute Return Congress (Global ARC), conducted a study of institutional investors at the 2005 Global ...more
    State Street--Corporate Trust (3/31/2006)
  •  
  • Notice of Proposed Rulemaking to implement Basel II
    An interagency notice of proposed rulemaking (NPR) that would implement Basel II risk-based capital requirements in the United States for large, internationally active banking ...more
    Federal Reserve Board (3/30/2006)
  •  
  • Hunton & Williams Represents the Inter-American Development Bank
    The Miami office of Hunton & Williams today announced the closing of a $75 million warehouse loan facility extended by the Inter-American Development Bank ...more
    (3/27/2006)
  •  
  • Wall Street Analytics announces product upgrade to its CDO tool
    Wall Street Analytics, Inc. (WSA) has launched a new version of its sophisticated CDO platform, CDOnet, to meet the rigorous demands of customers who require ...more
    Wall Street Analytics International, Inc. (3/23/2006)
  •  
  • VantageScore(sm) vs. FICO
    Traditional FICO scores have become the universal standard for gauging consumer credit quality in securitizations. FICO scores feed into rating agency models ...more
    Nomura Securities International, Inc. (3/16/2006)
  •  
  • BSEC NewsWire: Issue 25 - March 2006. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (3/15/2006)
  •  
  • The benefits of a Dutch SPV in structured finance transactions
    ( Permission by Niek Biegman, De Brauw Blackstone Westbroek, London )
    International securitisations, repackagings and other similar structured finance transactions where a special purpose vehicle ("SPV") issues debt instruments ...more
    (3/15/2006)
  •  
  • ESF Securitisation Data Report - Winter 2006
    European Securitisation Issuance Surges to a New Record for 2005 and in 4Q; Mortgage-Related and CDO Sectors Lead the Way. Boosted by a favorable market ...more
    European Securitisation Forum (3/14/2006)
  •  
  • Wall Street Analytics Increases Focus on Equipment Lease Securitizations
    Wall Street Analytics, Inc. has developed a new software platform for issuers of equipment lease transactions. WSA's Structured Finance Workstation and Bond ...more
    Wall Street Analytics International, Inc. (3/8/2006)
  •  
  • Trends in U.S. Residential Mortgage Products: Alt-A Sector Fourth-Quarter 2005
    Issuance of Alt-A securities increased about 4% to $96 billion in fourth-quarter 2005, from $92 billion in third-quarter 2005. Although fourth-quarter growth was ...more
    Standard & Poor's (3/8/2006)
  •  
  • Wall Street Analytics announced the launch of ABScalc
    Wall Street Analytics, a leading provider of ABS structuring, analytical and risk management software recently announced the launch of ABScalc, ...more
    Wall Street Analytics International, Inc. (3/6/2006)
  •  
  • FASB and IASB Reaffirm Commitment to Enhance Consistency, Comparability and Efficiency in Global Capital Markets
    The US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) today published a Memorandum of Understanding ...more
    Financial Accounting Standards Board (FASB) (2/27/2006)
  •  
  • European Securitisation Forum Forecasts Another Record Setting Issuance Year in 2006
    The ESF survey respondents expect continued securitisation market issuance growth and predict 2006 to be another record year for new-issue sales. The median survey ...more
    European Securitisation Forum (2/24/2006)
  •  
  • Cayman Islands Fosters Growing CDO Market
    Walkers, the global offshore law firm of choice for investment banks, international law firms, collateral managers, and other financial institutions, ...more
    Walkers Attorneys At Law (2/22/2006)
  •  
  • Asset-Backed Issuance Tops $1 Trillion, New All Time High
    The Bond Market Association today reported U.S. bond issuance rose slightly in 2005 led by a record setting year for asset-backed securities. Total bond issuance ...more
    The Bond Market Association (2/17/2006)
  •  
  • Superstars or Average Joes? A Replication-Based Performance Evaluation Of 1917 Individual Hedge Funds
    ( Harry M. Kat and Helder P. Palaro )
    In this paper we use the hedge fund return replication technique recently introduced by Kat and Palaro (2005) to evaluate the net-of-fee performance of ...more
    (2/16/2006)
  •  
  • Enhancing Corporate Governance For Banking Organizations
    The Basel Committee on Banking Supervision yesterday issued guidance to help promote the adoption of sound corporate governance practices by banking organisations. ...more
    Bank for International Settlements (BIS) (2/14/2006)
  •  
  • XLCA-UK provides $253 Million Triple-A Financial Guarantee For CMA-CGM Group Securitization
    XL Capital Assurance (U.K.) Limited (XLCA-UK) announced today that it has issued a $253 million triple-A rated financial guarantee for an asset-backed transaction ...more
    XL Capital Assurance Inc. (2/10/2006)
  •  
  • Risk-Based Capital Guidelines; Market Risk Measure; Securities Borrowing Transactions
    The Federal Reserve Board on Monday announced the approval of a final rule for state member banks and bank holding companies that revises the risk-based capital treatment ...more
    Federal Reserve Board (2/6/2006)
  •  
  • Quantifi announces the first commercial Forward Loss Model for the pricing of portfolio credit derivatives
    Quantifi, LLC (1/31/2006)
  •  
  • Guaranteed Linked Notes Provide RSP Solution For Today's Risk Averse Investors
    Today's unpredictable stock markets have left many Canadians wondering how they can securely invest for their retirements. This RSP season, there is a solution ...more
    ONE Financial (1/31/2006)
  •  
  • Garnet Capital Opens Office in Atlanta, GA
    Garnet Capital Advisors, LLC today announced the opening of a new office in Atlanta, Georgia. The office, to be headed by loan-industry veteran Cliff ...more
    Garnet Capital Advisors LLP (1/27/2006)
  •  
  • Direct Capital Expands Financial Product Offerings with Acquisition of Direct Mortgage Services
    Direct Capital Corp. (1/26/2006)
  •  
  • Market Buzz : Trader Commentary
    Treasuries, Agencies, Swaps, MBS, CMOs, MBS Credit, Hybrid ARMs, CMBS, Corporate Credit ...more
    Nomura Securities International, Inc. (1/18/2006)
  •  
  • Deloitte & Touche USA LLP Establishes European-based Support for its Securitization Software
    Deloitte & Touche USA LLP today announced that it is establishing European-based support for its ABS SuiteTM and CDO SuiteTM software packages for the ...more
    Deloitte & Touche LLP (1/17/2006)
  •  
  • XL Capital Assurance Provides $250 Million Triple-A Financial Guaranty for Akbank Future Flow Securitization
    XL Capital Assurance Inc. (XLCA) today announced that it has issued a triple-A rated financial guaranty of $250 million of notes in connection with a future ...more
    XL Capital Assurance Inc. (1/12/2006)
  •  
  • Market Buzz : Trader Commentary
    Treasuries, Agencies, Swaps, MBS, CMOs, MBS Credit, Hybrid ARMs, CMBS, Corporate Credit ...more
    Nomura Securities International, Inc. (1/11/2006)
  •  
  • Federal Bank and Thrift Agencies Propose Guidance On Commercial Real Estate Lending
    The federal bank and thrift regulatory agencies on Tuesday issued for comment proposed guidance on sound risk management practices for concentrations in ...more
    Board of Governors of the Federal Reserve System (1/10/2006)
  •  
  • U.S. Credit Market Outlook
    Bond Issuance in the Credit Markets to Slow in '06 as Sustained Economic Growth Leads to Modest Rise in Rates; CDO, Money Market, Corporate Volumes Expected to Rise ...more
    The Bond Market Association (1/10/2006)
  •  
  • Cross-border collateral arrangements
    The Committee on Payment and Settlement Systems (CPSS) has long given attention to liquidity issues arising from commercial banks' use of payment systems. ...more
    Bank for International Settlements (BIS) (1/9/2006)
  •  
  • General guidance for national payment system development
    This report aims to give assistance and advice on the planning and implementation of reforms in national payment systems. It underlines that payment system development ...more
    Bank for International Settlements (BIS) (1/9/2006)
  •  
  • Market Buzz : Trader Commentary
    Treasuries, Agencies, Swaps, MBS, CMOs, MBS Credit, Hybrid ARMs, CMBS, Corporate Credit ...more
    Nomura Securities International, Inc. (1/4/2006)
  •  
  • XL Capital Assurance (UK) Ltd. Provides Triple-A Financial Guranties For Swiss Re Sponsored Securitization
    XL Capital Assurance (U.K.) Limited (XLCA-UK) today announced that it has issued two triple-A rated financial guaranties for two tranches of a $370 million ...more
    XL Capital Assurance Inc. (1/4/2006)
  •  
  • With Gold at Highest Level Since 1988, What Should Investors Do? Guaranteed Linked Note Might Have the Answer
    Inflation uncertainties and a host of other driving factors are pushing gold to its highest level in almost two decades. The question for investors is: ...more
    ONE Financial (12/15/2005)
  •  
  • Market Notes: Trusts in the future. Can you still trust in income trusts?
    Income trusts have had a great run since their popular emergence a decade ago, but what does the future hold? Now that the rules are changing around ...more
    ONE Financial (12/15/2005)
  •  
  • Quantifi Announces The Release of Version 7.1 Which Includes Some of the Latest Innovations in Bespoke CDO Modeling
    Quantifi, LLC (12/14/2005)
  •  
  • ESF Securitisation Data Report - Autumn 2005
    The ESF published the ESF Securitisation Data Report to provide ABS and Pfandbriefe issuance data to ESF members and market participants. New issuance in the European ...more
    European Securitisation Forum (12/7/2005)
  •  
  • eCommerce in the Fixed-Income Markets
    The Bond Market Association today reports electronic trading is widely employed and "well established" in the U.S. and Europe, as it releases its ...more
    The Bond Market Association (12/7/2005)
  •  
  • Market Buzz : Trader Commentary
    Treasuries, Agencies, Swaps, MBS, CMOs, MBS Credit, Hybrid ARMs, CMBS, Corporate Credit ...more
    Nomura Securities International, Inc. (11/30/2005)
  •  
  • Model Risk Update: Margins of Error and Scenario Analysis
    If you are reading this paper, part of your job is probably about risk: measuring it, modeling it, monitoring it, managing it, or pricing it. ...more
    Nomura Securities International, Inc. (11/29/2005)
  •  
  • Sound Credit Risk Assessment and Valuation for Loans
    This paper is intended to provide banks and supervisors with guidance on sound credit risk assessment and valuation policies and practices for loans ...more
    Bank for International Settlements (BIS) (11/28/2005)
  •  
  • Market Notes: On again, off again. Investors continuing romance with Asia
    Asian markets have held a tantalizing appeal for investors for the past two decades - tempting bursts of growth followed by disappointing ...more
    ONE Financial (11/28/2005)
  •  
  • Market Notes: Crude Reasoning: From the Club of Rome to the Louisiana Bayou - the Story of Oil
    Sure, there's more to the energy story than oil, but recently, the news has been all about the black gold. Fair enough, nuclear energy occasionally ...more
    ONE Financial (11/28/2005)
  •  
  • AIM Global Data and Risk Management Survey 2005
    AIM Software, the Vienna University of Economics and Business Administration and Reuters have released the second global reference data risk management survey, ...more
    AIM Software (11/23/2005)
  •  
  • Offshore in Asia
    Bermuda, British Virgin Islands and Cayman Islands continue to gain popularity amongst the Asian financial community. So much so that an "offshore" deal ...more
    Conyers Dill & Pearman (11/23/2005)
  •  
  • Home-host information sharing for effective Basel II implementation
    The Basel Committee on Banking Supervision yesterday issued for public comment a paper setting forth general principles to guide sharing of information ...more
    Bank for International Settlements (BIS) (11/22/2005)
  •  
  • Wall Street Analytics Launches New Product to Bring ABS Issuers a Step Closer to Reg. AB Compliance
    Wall Street Analytics International, Inc. (11/17/2005)
  •  
  • Market Buzz : Trader Commentary
    Treasuries, Agencies, Swaps, MBS, CMOs, MBS Credit, Hybrid ARMs, CMBS, Corporate Credit ...more
    Nomura Securities International, Inc. (11/16/2005)
  •  
  • Market Notes: Anchovies, Hurricanes and the Price of Gold
    Inflation has a way of sneaking up on investors - and, with it, the price of gold. It has happened before. The runaway inflation of the 1970s ...more
    ONE Financial (11/14/2005)
  •  
  • Market Buzz : Trader Commentary
    Treasuries, Agencies, Swaps, MBS, CMOs, MBS Credit, Hybrid ARMs, CMBS, Corporate Credit ...more
    Nomura Securities International, Inc. (11/9/2005)
  •  
  • Condition of the U.S. Housing Market
    We believe that the most probable resolution of the current "bubble" conditions in the U.S. housing market will be a "soft landing." That is, the market ...more
    Nomura Securities International, Inc. (11/3/2005)
  •  
  • Pricing Bubble: Reality or Myth?
    Concern about high debt prices is in the air, and some industry insiders expect a pricing collapse. But these debt brokers have a different take on the situation. ...more
    Garnet Capital Advisors LLP (11/3/2005)
  •  
  • Debt Buying Swims Into The Mainstream
    The rise of new financing sources may mean consolidation is next for the debtbuying industry as firms grow through acquisitions of smaller and ...more
    Garnet Capital Advisors LLP (11/3/2005)
  •  
  • Beyond Bad Debt
    Lenders are tapping the secondary wholeloan sales market to manage a new generation of credit strategies. Why? And is a flood of performing ...more
    Garnet Capital Advisors LLP (11/3/2005)
  •  
  • XLCA-UK PROVIDES TRIPLE-A BACKING FOR œ650 MILLION OF SOUTHERN GAS NETWORKS plc DEAL
    XL Capital Assurance (U.K.) Limited (XLCA-UK) today announced that it has issued three triple-A rated financial guarantees for senior unsecured bonds ...more
    XL Capital Assurance Inc. (10/25/2005)
  •  
  • Correlation Redux
    Correlation has received a great amount of attention in recent months. Market participants now understand how a high degree of co-movement ...more
    Nomura Securities International, Inc. (10/17/2005)
  •  
  • Gartner Group lists Acrys Consult's ABS software PoolArranger and OpRisk services in its latest Basle II Survey
    Acrys Consult is proud to announce our selection as one of 27 specialized vendors for Gartner Group's ...more
    Acrys Consult GmbH (10/12/2005)
  •  
  • Acrys Consult's integrated ABS transaction platform PoolArranger as cutting-edge solution
    Acrys Consult's integrated ABS transaction platform PoolArranger as cutting-edge solution will be presented to a wide international ...more
    Acrys Consult GmbH (10/10/2005)
  •  
  • Proposed revisions to 1998 Basel Capital Accord (Basel I)
    The Federal Reserve Board on Thursday decided to request public comment on proposed revisions to the U.S. risk-based capital standards ...more
    Federal Reserve Board (10/6/2005)
  •  
  • Computershare Acquires Lord Securities - A Leading Provider of SPV Management Services
    Computershare Limited (ASX:CPU) today announced that it has completed the acquisition of Lord Securities Corporation and ...more
    ABSReports.com - Computershare Fixed Income Services Limited (10/5/2005)
  •  
  • Conyers Dill & Pearman Hosts the Cayman Islands Monetary Authority Luncheon in Hong Kong
    Cayman Islands law firm Conyers Dill & Pearman (CD&P), hosted Gary Linford of CIMA and his team for a roundtable luncheon with leading Hong Kong ...more
    Conyers Dill & Pearman (10/4/2005)
  •  
  • Asian Legal Business votes Conyers Dill & Pearman as Offshore Law firm of the Year
    Beyond the rhetoric and hype, there is business to be done and Asian Legal Business (ALB) has recognised the clear leader in Asia when ...more
    Conyers Dill & Pearman (10/4/2005)
  •  
  • Banco Industrial, Largest Bank in Guatemala, Completes First Future Flow Securitization
    Banco Industrial, S.A., the largest bank in Guatemala, today announced that it has achieved the issuance of a US$200 million Diversified Payment ...more
    XL Capital Assurance Inc. (9/26/2005)
  •  
  • Wilmington Trust Expanding the Reach of its Captive Insurance Management Services
    ( Recent acquisition, new state law in Delaware drive effort )
    Wilmington Trust, a leading provider of specialized management and fiduciary services to corporations worldwide, announced today that ...more
    Wilmington Trust Company (9/21/2005)
  •  
  • Mayer, Brown, Rowe & Maw Frankfurt advises on Second German True Sale Initiative (TSI) Securitisation
    Mayer, Brown, Rowe & Maw LLP's Frankfurt securitisation practice has advised a syndicate of banks led by West LB and BNP Paribas as lead managers on the securitisation of ...more
    Mayer Brown LLP (9/15/2005)
  •  
  • Central Trust, Clydesdale Bank and National Australia Bank Enter the European Mortgage Securitisation Arena
    Central Trust, the largest independent finance company in the United Kingdom, recently entered into a GBP 200 million Securitisation ...more
    (9/12/2005)
  •  
  • European Securitisation Reaches Its Highest Quarterly Issuance Ever. On Pace For Another Record Year
    Issuance in the European securitisation market reached its highest quarterly total ever and is on pace to surpass the record 243.6 billion Euro issued in 2004. ...more
    European Securitisation Forum (9/8/2005)
  •  
  • Housing and Mortgage Markets: An Analysis
    ( Mortgage Bankers Association )
    During the economic downturn in the early years of this decade, the housing and mortgage markets were one of the few sources of strength. ...more
    (8/23/2005)
  •  
  • Supervisory Guidance on the Eligibility of Asset-Backed Commercial Paper Liquidity Facilities and the Resulting Risk-Based Capital Treatment
    The FDIC, along with the other federal banking and thrift regulatory agencies, has issued the attached supervisory guidance clarifying the application of the asset quality test for liquidity facilities that provide support to an asset-backed commercial pa ...more
    Federal Deposit Insurance Corporation (FDIC) (8/4/2005)
  •  
  • Short-Term Market Outlook and Strategy
    The persistently low level of long-term interest rates continues to concern some policymakers. We explain why the FOMC still has work to do and what it means for investors. ...more
    JPMorgan North American Credit Research (8/4/2005)
  •  
  • Wilmington Trust profits rise 11%
    Today Wilmington Trust Corporation (NYSE: WL) reported that net income for the second quarter of 2005 was ...more
    Wilmington Trust Company (7/22/2005)
  •  
  • Short-Term Market Outlook and Strategy
    The recent flattening of the yield curve has caused increased concern about the possibility of an inversion. While there are precedents for the ...more
    JPMorgan North American Credit Research (7/13/2005)
  •  
  • BSEC NewsWire: Issue 24 - May 2005. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (7/7/2005)
  •  
  • Second Lien Market Matures: The Drive for Additional Liquidity Fuels Growth
    In late 2004, Bradco Supply-one of the country's largest national distributors of roofing, siding, windows and related building ...more
    GE Commercial Finance (6/27/2005)
  •  
  • BIS Quarterly Review: June 2005. International banking and financial market developments
    Credit and equity markets fell starting in March 2005 as investors retreated from investments with higher risks. Credit markets experienced their largest sell-off since 2002, ...more
    Bank for International Settlements (BIS) (6/22/2005)
  •  
  • Short-Term Market Outlook and Strategy
    The bond market's rally has left yields lower and the curve flatter, as the market seems increasingly convinced that the end of this tightening cycle is near. ...more
    JPMorgan North American Credit Research (6/3/2005)
  •  
  • BSEC NewsWire: Issue 23 - April 2005. Securitization News, Analysis & Commentary
    BSEC - Bemo Securitisation (5/30/2005)
  •  
  • Quantifi Announces The First Available Semi-Analytic Model for CDO Squared Which Dramatically Improves Pricing
    Quantifi Inc, a leading provider of analytics and risk management solutions to the world's credit markets, today announces the release of ...more
    Quantifi, LLC (5/26/2005)
  •  
  • Short-Term Market Outlook and Strategy - May 2005
    While there is clearly some basis for the market's shift in expectations, we believe the market has overreacted. We continue to stand by our thesis that ...more
    JPMorgan North American Credit Research (5/4/2005)
  •  
  • Fine-Tuning Your Capital Structure Can Help to Spur Your Growth
    A responsive, well-managed capital structure can add value and help a company to thrive while an inflexible, outdated approach can ...more
    GE Commercial Finance (4/25/2005)
  •  
  • Investors must heed these CDO risks
    Andreas Jobst, London School of Economics & Political Science (LSE), Financial Markets Group (FMG) (4/19/2005)
  •  
  • Short-Term Market Outlook and Strategy - April 2005
    Short-end yields have gyrated in recent weeks as the market's interpretation of the future path of rates has waxed and waned. ...more
    JP Morgan Securities Inc. (4/7/2005)
  •  
  • Wilmington Trust Hosts Webinar on Repatriation of Foreign Earnings
    Wilmington Trust, a leading global provider of financial services for corporations, is hosting an online seminar that will feature ...more
    Wilmington Trust Company (3/14/2005)
  •  
  • Eight Key Considerations for Post-M&A Integration
    After setting new highs in 2004, merger and acquisition activity is likely to stay strong, buoyed by a strengthening economy. Recent ...more
    GE Commercial Finance (2/28/2005)
  •  
  • Quantifi Announces Comprehensice Support For The Latest Market Innovations in Base Correlation Pricing and Sensitivity Calculations
    Quantifi, LLC (2/22/2005)
  •  
  • Direct Capital Closes Securitization Facility
    Direct Capital Corp. (2/9/2005)
  •  
  • Wilmington Trust Reports Fourth Quarter and Full Year Results
    Wilmington Trust Corporation reported fourth quarter 2004 net income of $35.4 million and earnings per share of $0.52 on a diluted basis. For the year-ago fourth quarter, net income was $38.0 million and earnings per share were $0.57. ...more
    Wilmington Trust Company (1/21/2005)
  •  
  • Wilmington Trust Corporate Client Services Expands Administrative Services for Structured Finance Transactions
    Wilmington Trust, a leading global provider of financial services for corporations, announced that it has expanded its capabilities in performing administrative functions for structured finance transactions.  ...more
    Wilmington Trust Company (1/20/2005)
  •  
  • Option One Issuer Profile and Prepayment Study
    Our analysis of Option One's servicing portfolio covers 384,258 adjustablerate loans with an original balance of $52.7 billion and 163,194 fixed-rate loans with an ...more
    JP Morgan Securities Inc. (1/19/2005)
  •  
  • Short-Term Market Outlook and Strategy: 2005 Outlook
    In the coming months the short-term markets are likely to see higher rates and tighter spreads. Many of the factors that shaped 2004's markets will persist into 2005 ...more
    JP Morgan Securities Inc. (12/1/2004)
  •  
  • Short-Term Market Outlook and Strategy
    Over the next two weeks a clearer picture of the economy and direction of the bond market should emerge. The outcome of the national elections, ...more
    JP Morgan Securities Inc. (11/2/2004)
  •  
  • Quantifi Announces Pricing and Analytics for Constant Maturity CDS and Options on CDS Based on Reduced Form Models
    Quantifi, LLC (9/15/2004)
  •  
  • Quantifi announces enhancements to advanced model to price and risk manage cross-currency exotic credit derivatives
    Quantifi, LLC (8/4/2004)
  •  
  • 2nd Qtr. Earnings Release at Wilmington Trust
    Wilmington Trust Corporation (NYSE: WL) today reported second quarter 2004 earnings per share of $0.54 on a diluted basis. Net income was $36.5 million. These were increases of 10.2% and 12.0%, respectively, from the year-ago second quarter.  ...more
    Wilmington Trust Company (7/16/2004)
  •  
  • Quantifi Announces the release of the first commercially available model to price and risk manage cross-currency exotic credit derivatives
    Quantifi, LLC (6/28/2004)
  •  
  • Wilmington Trust, SPV Management Limited to Sponsor Global ABS 2004
    Increased deal scrutiny a major trend facing investors, issuers of asset-backed securities ...more
    Wilmington Trust Company (6/7/2004)
  •  
  • DBRS's New York Office Opens
    Dominion Bond Rating Service ("DBRS") is pleased to announce the opening of an office in New York City, its second office in the U.S. ...more
    DBRS (3/18/2004)
  •  
  • Deutsche Bank Adopts Watchdog Role
    Deutsche Bank is planning to put out a quarterly research report that discusses the legal, regulatory and accounting issues affecting the U.S. securitization market. ...more
    Total Securitization -- Institutional Investor News (3/12/2004)
  •  
  • Wall Street Analytics Launches New Service Bureau Product
    Wall Street Analytics, Inc. a creator of specialized software tools for the structured finance market today announced the launch of a new service bureau product to enhance its clients' bond administration, investor reporting and structuring capabilities ...more
    Wall Street Analytics International, Inc. (3/11/2004)
  •  
  • Job Prospects Abound for Certain Bankers
    Investment-banking professionals are finding plenty of employment opportunities in the asset-backed market ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (3/5/2004)
  •  
  • Orix To Press For Summary Judgment On 1997 Nomura Deal
    In a Web cast last Thursday, Orix Capital Markets said it would file for summary judgment in the case of ASC-1997 D5, a $1.8 billion commercial mortgage-backed securities deal. ...more
    Total Securitization -- Institutional Investor News (2/13/2004)
  •  
  • Euromoney Lists Five Partners Among World's Leading Capital Markets Lawyers
    10 February 2004, New York - Five Mayer, Brown, Rowe & Maw LLP partners have been cited by Euromoney's Legal Media Group as among the world's leading capital markets lawyers. ...more
    Mayer Brown LLP (2/10/2004)
  •  
  • Top trader quits Goldman
    Goldman Sachs has lost Alan Gerstein, senior credit derivatives trader on its New York desk, to help manage newly established US fund, Blue Mountain Credit Alternative Fund. ...more
    Creditflux Ltd. (2/1/2004)
  •  
  • Schozer moves to Ace
    Mike Schozer has jumped ship from bond insurer Ambac, where he ran the structured finance and credit derivatives business to head up rival insurer Ace Guaranty Corp. ...more
    Creditflux Ltd. (2/1/2004)
  •  
  • Mayer, Brown, Rowe & Maw LLP Represents DZ BANK AG in New Securitisation Programme
    Mayer Brown LLP (1/30/2004)
  •  
  • Cologne-based AUTHENTIC Software GmbH opens new, free Internet Resource to enhance Standardization of Data Exchange for Structured Finance Portfolios
    Securitisation Consulting GmbH (1/12/2004)
  •  
  • ABN Amro buys into Absolute Capital
    Creditflux Ltd. (12/22/2003)
  •  
  • HSBC's Asset-Backed Investments to Soar
    The London bank, which currently owns $5.6 billion of top-rated asset and mortgage-backed bonds, wants to boost those holdings to $10 billion by late 2004. ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (12/19/2003)
  •  
  • UBS Pulls CDO Of CDOs, Liquidates Portfolio
    UBS has ditched plans to issue a collateralized debt obligation of CDOs through its principal finance unit and has liquidated the portfolio of true sale CDOs it had accumulated to underlie the deal. ...more
    Karen Brettell, Total Securitization -- Institutional Investor News (12/5/2003)
  •  
  • Private Equity Firm Makes CDO Debut
    Goff-Moore Strategic Partners, a private equity firm, is teaming up with GMAC Institutional Advisors, an established investor in commercial mortgage-backed securities, to make its collateralized debt obligation debut. ...more
    Total Securitization -- Institutional Investor News (12/5/2003)
  •  
  • ABN Changes Managers Again in the States
    ABN Amro's U.S. securitization group has made substantial management changes for the second time this year.  ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (12/5/2003)
  •  
  • MortgageRamp Looks Abroad
    MortgageRamp is planning to continue its push into Europe and Asia in 2004. The Atlanta-based company provides technology and servicers to lenders and other parties to speed the process of arranging commercial real estate financing. ...more
    Total Securitization -- Institutional Investor News (12/1/2003)
  •  
  • Europeans Paint Rosy Compensation Picture
    Securitization-underwriting professionals in Europe have become a lot more optimistic about their compensation packages over the past few months. ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (11/28/2003)
  •  
  • Silverstein Agrees To Buy Out WTC Mortgage
    Silverstein Properties is set to pay down the $563 million mortgage on the World Trade Center after reaching an agreement with the deal's servicer, GMAC Commercial Mortgage, and The Port Authority of New York and New Jersey. ...more
    Samantha Rowan, Total Securitization -- Institutional Investor News (11/24/2003)
  •  
  • DrKW To Merge Credit Groups
    Dresdner Kleinwort Wasserstein is planning to merge its debt syndicate and credit trading group with its credit derivatives operation. ...more
    Total Securitization -- Institutional Investor News (11/24/2003)
  •  
  • Deloitte Releases Version 5.0 of CDO Suite; First Fully Multicurrency-Enabled Version
    Deloitte & Touche LLP (11/24/2003)
  •  
  • CDO Team
    Since 1985, Deloitte & Touche has invested significant resources to develop a highly specialized team of securitization professionals ...more
    Deloitte & Touche LLP (11/15/2003)
  •  
  • Mark F. Ferraris Named President and CEO Of Wall Street Analytics
    New York, NY November 12, 2003 - Wall Street Analytics, Incorporated, a creator of software tools and products for the specialized segment of the fixed-income market, known as structured finance, announced today that Mark F. Ferraris has joined the ...more
    Wall Street Analytics International, Inc. (11/12/2003)
  •  
  • CIBC Ousts Group Heads in NY, London
    Asset Backed Alert, Harrison Scott Publications Inc. (10/31/2003)
  •  
  • ABS Investors Await DVI Servicing Switch
    Total Securitization -- Institutional Investor News (10/31/2003)
  •  
  • DBRS's Request For Inclusion On NAIC NRSRO List Granted (press release)
    DBRS (10/23/2003)
  •  
  • Departure Hints at Barclays' CDO Troubles
    Asset Backed Alert, Harrison Scott Publications Inc. (9/19/2003)
  •  
  • Next Wave? ABN To Securitize E5 Billion Of Counterparty Risk
    ABN AMRO is structuring a E5.6 billion synthetic securitization of its counterparty risk from derivatives trades. The firm is pitching the product to its banking clients, says Jacques Straetmans, director. ...more
    Total Securitization -- Institutional Investor News (9/15/2003)
  •  
  • Lehman Not Liable for Predatory Client
    Lehman Brothers will not have to pay $83.4 million to thousands of homeowners who were defrauded by one of its former securitization clients. ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (8/8/2003)
  •  
  • Specialty finance ops may still stymie Morgan Stanley
    Morgan Stanley disappointed investors with second-quarter earnings that fell short of each of five prior quarters' profits. ...more
    SNL Financial (8/7/2003)
  •  
  • ASF Mounts Challenge to Arizona Conferences
    The American Securitization Forum is about to unveil its plans for a big January conference out West ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (7/7/2003)
  •  
  • Morgan Stanley Sets Lofty Mortgage Goal
    Morgan Stanley is trying to become a top player in the mortgage-securitization business ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (5/30/2003)
  •  
  • A good-bye, good riddance, and a fond farewell
    Among the industry's largest consumer lenders, there were two changing of the guards last week ...more
    SNL Financial (4/28/2003)
  •  
  • English Securitisation Partner Joins Mayer, Brown, Rowe & Maw LLP Finance Team
    Richard Ambery, the former co-head of securitisation at Dechert in London is joining the Mayer, Brown, Rowe & Maw LLP Finance team from 22 April 2003 ...more
    Mayer Brown LLP (4/25/2003)
  •  
  • CSFB Staffers Shaken by Layoff Rumors
    Rumors of impending layoffs are stirring up fears among members of Credit Suisse First Boston's securitization group ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (4/4/2003)
  •  
  • Clayton Homes acquired by big company, even bigger name
    Knoxville, TN-based home manufacturer and financier Clayton Homes Inc. has become Warren Buffet's latest object of desire ...more
    SNL Financial (4/3/2003)
  •  
  • Samsung Hires Pro for ABS-Buying Endeavor
    Korean insurer Samsung Life wants to start buying asset-backed bonds from U.S. issuers, and has recruited securitization specialist John Chung to lead the charge. ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (3/28/2003)
  •  
  • CIBC Group Decimated by Mass Defection
    Ken Wormser is quitting his job as U.S. securitization chief at CIBC World Markets to fill a similar role at CDC IXIS Capital Markets ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (3/14/2003)
  •  
  • Bond Insurer Hires Two Securitization Pros
    Financial Guaranty Insurance Co. recently hired Rajat Basu and Katya Aleksandrova as transactors for its New York-based structured finance group ...more
    Bondweek--Institutional Investor Newsletters (2/3/2003)
  •  
  • Two CDO Vets Quit Triton in Shake-Up
    Two veterans of the CDO market quit Triton Partners earlier this week, after the New York money manger promoted one of their underlings and combined their group with another ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (1/10/2003)
  •  
  • Commerzbank Adds CDO Structurer
    Commerzbank Securities hired Stan Liberman as a collateralized debt obligation structurer in its structured credit-trading group ...more
    Bondweek--Institutional Investor Newsletters (12/16/2002)
  •  
  • Subprime Borrowers Take Aim at Lehman
    A lawsuit against Lehman Brothers could set a precedent that would hold underwriters liable for the actions of clients who engage in predatory-lending practices ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (12/13/2002)
  •  
  • Wachovia's Loses Asset Securitization Chief.
    Scott Shannon, head of asset securitization at Wachovia Securities, left the firm last month ...more
    Bondweek--Institutional Investor Newsletters (12/9/2002)
  •  
  • Bond Group Forms CDO Committee
    The Bond Market Association has formed a collateralized debt obligation committee to bring together senior CDO officials ...more
    Bondweek--Institutional Investor Newsletters (11/25/2002)
  •  
  • Bonus Outlook Mixed for European ABS Pro
    The highest - and lowest-ranking members of securitization-underwriting units in Europe will sacrifice significant chunks of their bonuses at yearend - so the cash can be awarded to their mid-level colleagues ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (11/15/2002)
  •  
  • Corporate Risk - Morgan Stanley Faces Risk Of A Lawsuit
    Morgan Stanley is facing the risk of a lawsuit by Commerzbank AG for not making payments in an ...more
    RiskCenter.com (11/11/2002)
  •  
  • Underwriting Pros Brace for Paltry Bonuses
    Employees of the asset-backed market's most-active underwriting shops can expect their yearend bonuses to continue ...more
    Asset Backed Alert, Harrison Scott Publications Inc. (11/8/2002)
  •  
  • Ambac Adds CDO Transactor
    Ambac Assurance Corp. has added David Salz as a v.p. in its collateralized debt obligation structuring group ...more
    Bondweek--Institutional Investor Newsletters (11/4/2002)
  •  
  • London ABS Pros Pursue X-treme Sports For Charity
    Asset-backed bankers and traders from Credit Suisse First Boston and Dresdner Kleinwort Wasserstein recently undertook ...more
    Bondweek--Institutional Investor Newsletters (9/16/2002)
  •  
  • ASF Moves To Complete Staffing
    The American Securitization Forum expects to hire an associate director within two months. Once the position is filled, the new organization will have met its target of six full-time staffers, says Vernon Wright, chairman of the ASF ...more
    Bondweek--Institutional Investor Newsletters (9/9/2002)
  •  
  • First European Mobile ABS Deal On The Way
    Orange, the European mobile phone company, is readying what will The deal will mark the first-ever securitization of mobile phone receivables in Europe and only the second European telecom ABS deal ...more
    Bondweek--Institutional Investor Newsletters (9/3/2002)
  •  
  • Watzinger departs from Merrill Lynch
    Hermann Watzinger, head of securitisation and portfolio credit derivatives at Merrill Lynch in London, has left the firm amid a restructuring of its European structured finance business ...more
    Creditflux Ltd. (8/6/2002)
  •  
  • Philly Structured Finance Insurer Seeks Credit Analysts
    Radian Guaranty, a monoline insurer of structured finance bonds, is looking to hire a director ...more
    Bondweek--Institutional Investor Newsletters (7/16/2002)
  •  
  • T. Joelle Berlat has joined the firm as Senior Manager, Securitization
    Deloitte & Touche LLP (7/2/2002)
  •  
  • Robert S. Siegel has joined the firm as Partner, Securitization - Tax Services
    Deloitte & Touche LLP (7/1/2002)
  •  
  • Wells Fargo Corporate Trust Services Enters European Securitisation Market With The Opening Of European Office
    Wells Fargo Corporate Trust Services (6/17/2002)
  •  
  • C-BASS -- Diamond in the Rough
    Inna Koren, Wachovia Securities (3/19/2002)
     

     

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