On June 5, Fitch published a methodology for U.S. RMBS Seasoned and Reperforming Loans. Methodology....more
On April 9, Fitch published a report entitled: “U.S. Credit Card ABS Performance Mixed.” Report....more
On October 23, Fitch issued a report entitled: Fitch Ratings Updates SF and CVB Country Risk Rating Criteria. Release....more
U.S. Financial Industry Developments - ISDA, AFME, ICMA, SIFMA and SIFMA AMG Publish Global Benchmark Report - The International Swaps and Derivatives Association (ISDA), the Association of Financial Markets in Europe...more
On June 19, 2018, Fitch published its rating criteria for U.S. Federal Family Education Loan Program Student Loan ABS. On June 19, 2018, Fitch published its rating criteria for EMEA CMBS....more
Second Circuit Raises Bar for US Jurisdiction Over Foreign Banks - Orrick litigators Robert Reznick, Stephen Foresta and Julie Gorchkova co-authored an article for Law360 that examines a closely-watched case relating to...more
On February 21, S&P updated its base-case lease rate assumptions used in analysis of container lease-backed asset-backed securities transactions. Release. On February 19, DBRS updated its European CMBS rating and...more
On January 23, 2018, DRBS published an updated North American Single-Asset/Single-Borrower Methodology. The methodology does not consist of any material changes from the previously issued methodology. According to DBRS, it...more
CFTC Approves Amendments to Rules on Intermediary Registration and Review of Adverse Actions - On January 9, 2018, the U.S. Commodity Futures Trading Commission (the "CFTC") approved final rules that update Parts 3 and 9...more
On January 5, Fitch updated its rating criteria for new-issue U.S. and Canadian multiborrower CMBS. Report. On January 9, Fitch finalized its rating criteria for U.S. Not-For-Profit Hospitals. Report....more
SEC Announces the Formation and First Members of Fixed Income Market Structure Advisory Committee - On November 9, 2017, the Securities and Exchange Commission ("SEC") announced the formation and first members of its Fixed...more
On August 8, 2017, the Federal Reserve Board and Federal Deposit Insurance Corp. extended the deadline for 19 foreign banks and two domestic bank holding companies to file their next round of "living wills" detailing how they...more
On August 7, 2017, Fitch released a report entitled: Corporate Rating Criteria. On August 4, 2017, Fitch released a report entitled: U.S. Private Student Loan ABS Rating Criteria....more
On July 26, 2017, Moody’s issued the following reports: Moody’s Approach to Rating Credit Card Receivables-Backed Securities - Moody’s Approach to Rating Asset-Backed Commercial Paper... ...more
Federal Reserve and FDIC Post Resolution Plans for Eight Major Financial Firms - On July 5, 2017, the Federal Reserve Board (the "Board") and the Federal Deposit Insurance Corporation ("FDIC") posted the public portions of...more
On July 7, 2017, Kroll published its Research Recap for Q2 2017. Here are several articles of interest: ABS: KBRA Comments on Alitalia Extraordinary Administration Request - AVIATION: 2017 Update Aircraft leasing...more
On June 1, 2017, Kroll Bond Rating Agency released a report entitled KBRA’s Views on the State of the Solar Market. On May 31, 2017, Kroll Bond Rating Agency released a report entitled Oil Price Increases Won’t Plug CMBS...more
Financial Industry Developments - CFTC Proposes to Amend Rules Governing Chief Compliance Officer Duties and Annual Reports for Certain Registrants - On May 3, 2017, the U.S. Commodity Futures Trading Commission...more
On May 3, 2017, DBRS issued a report entitled Rating Canadian Public Hospitals. Report. On May 3, 2017, Fitch issued a report entitled Global Structured Finance Rating Criteria. Report. On May 3, 2017, Moody’s...more
Rating Agency Developments - On April 19, 2017, Fitch issued a report entitled Airport Operating Lease ABS Rating Criteria. On April 14, 2017, Fitch issued a report entitled North America and Asia-Pacific...more
On April 19, 2017, Fitch issued a report entitled Airport Operating Lease ABS Rating Criteria. Release. On April 14, 2017, Fitch issued a report entitled North America and Asia-Pacific Multiborrower CMBS Surveillance...more
Financial Industry Developments - SEC Publishes Compliance and Disclosure Guidance for Regulation Crowdfunding - On April 5, 2017, the Division of Corporation Finance of the Securities and Exchange Commission...more
On April 6, 2017, Fitch issued a report entitled Fitch: Early Signs are Positive for Risk Retention in U.S. CMBS. Release....more
Financial Industry Developments - CFPB Proposes to Provide Flexibility in Collecting Information - On March 24, 2017, the Consumer Financial Protection Bureau ("CFPB") released a proposal to amend Equal Credit...more
On March 29, 2017, Moody’s published its approach to assessing credit risk for multilateral development banks and other supranational entities. Report. On March 28, 2017, DBRS published its methodology for rating...more