Cadwalader, Wickersham & Taft LLP
European Union ("EU") national regulators have regulated the short selling of shares and certain aspects of credit default swaps ("CDS") ...
The three European Supervisory Authorities (ESAs) published joint guidelines on cooperation and information exchange, establishing colleges of anti-money laundering...
The EU has, on 6 November 2019, published in the Official Journal a delegated regulation supplementing the EU Securitisation Regulation with regard to regulatory technical standards on the homogeneity ...
The European Commission has now adopted and published the draft regulatory technical standards in relation to the transparency requirements under the EU Securitisation Regulation.
Navigating the European rules and regulations.
Following the application of the 2018 European Union Securitisation Regulation from 1 January 2019, Ocorian's Director of Transaction Management, Chris Wilson, examines the practical impact on the provision of corporate services.
In this article we consider some hot topics that are relevant to UK auto ABS transactions
seeking STS eligibility.
The EU Securitisation Regulation1 (the "Securitisation Regulation") has been applicable since 1 January 2019. The purpose of this Legal Update is to summarise the key aspects of the Securitisation
In place of the ABS industry conference in Barcelona this year, our latest webinar saw Senior Consultant and Non-Executive Director Sally Gilding join two expert corporate trustee lawyers.
Our trustee and agency team has over 30 years' experience in managing debt capital markets transactions.
It is unclear just how severe the impact COVID-19 will have on the debt capital markets. At the time of writing, the global economic landscape is bleak and saturated with profit...
Everyone was talking about big changes coming in 2021 during SFVegas. The talk centered around the demise of LIBOR, the use of SOFR as a replacement rate, market uncertainty and the ensuing litigation that will follow.
The Sterling Risk-Free Reference Rates Working Group has published a working paper outlining why, in their view, overnight SONIA compounded in arrears is appropriate and likely to be operationally achievable ...
The UK left the EU on 31 January 2020 at 11:00 p.m. UK time. This legal update summarises the application of EU law in the UK after Brexit, with particular reference to the Securitisation Regulation.
Cadwalader, Wickersham & Taft LLP
European CMBS transactions have re-emerged at a steady pace for the first time since before the financial crisis.
The European Commission (the "Commission") has now adopted and published the regulatory technical standards (the "RTS") in relation to the transparency requirements under ...
The EU Securitisation Regulation became applicable in the UK from 1 January 2019 to all securitisations, other than securitisations existing prior to that date to the extent that they are grandfathered.
Kramer Levin Naftalis & Frankel LLP
Paris consultant Thierry Bonneau authored an article titled "Qui peut recouvrer les créances cédées au fonds commun de titrisation ?" which was published by the French publication Joly
The Discussion Paper sets out the EBA's proposed STS criteria for synthetic securitisations.
Importantly, the requirements imposed on EU institutional investors apply to them regardless of whether the issuer is subject to EU jurisdiction.