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Due Diligence Collateralized Loan Obligations Risk Retention

K&L Gates LLP

New Japanese Securitization Risk Retention Rule and Its Impact on CLO Investors in Japan

K&L Gates LLP on

In December 2018, the Financial Services Agency of Japan (the “JFSA”) proposed amendments to its regulations under the Banking Act of Japan to introduce a new risk retention rule applicable to collateralized loan obligations...more

Dechert LLP

Japanese Risk Retention: JFSA Favors Diligence Over Disruption

Dechert LLP on

The new Japanese Risk Retention Rules will lead to increased loan and collateral manager due diligence by Japanese investors but not wholesale changes to the CLO market. Background - On March 15, 2019, the Japanese...more

Dechert LLP

New EU Securitisation Regulation: Moving in the Right Direction

Dechert LLP on

The European Commission published a draft regulation on a European framework for simple, transparent and standardised securitisation on 30 September 2015 (the “Draft Regulation”). The Draft Regulation aims to achieve a better...more

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