On February 22, Fitch released the following report: What Investors Want to Know: ESG Relevance Scores (Marking the Intersection of Credit Risk and ESG Risks). Report....more
On November 20, DBRS issued a report outlining its methodology for rating European Structured Finance Transactions. On November 19, Fitch issued rating criteria for Dealer Floorplan ABS....more
On October 10, DBRS published a rating methodology regarding Derivative Criteria for European Structured Finance Transactions. Release....more
U.S. Financial Industry Developments - CFTC Proposes Rules to Simplify Process for Foreign Clearing Organizations to Obtain DCO Registration Exemption - On August 8, 2018, the Commodity Futures Trading Commission (CFTC)...more
CFTC Staff Issues Interpretive Guidance Regarding Exemption from Aggregation - On May 2, 2018, the Commodity Futures Trading Commission's ("CFTC") Division of Market Oversight issued a CFTC staff letter with interpretive...more
On April 25, 2018 Moody’s published a rating methodology for Generic Project Finance. Release. On April 24, 2018 S&P published a table of contents for S&P’s Global Ratings Structured Finance Criteria. Release....more
SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors in Their Relationships with Investment Professionals - On April 18, the Securities and Exchange Commission voted to propose a package of...more
On April 12, 2018, DBRS published a report entitled: European RMBS Insight Methodology. On April 12, 2018, Moody’s published its methodology for rating US States and Territories....more
Federal Banking Agencies Issue Final Rule to Exempt Commercial Real Estate Transactions of $500,000 or Less from Appraisal Requirements: On April 2, 2018, the Board of Governors of the Federal Reserve System, the Federal...more
On April 3, DBRS updated its North American CMBS Multi-borrower Rating Methodology. Release. On April 3, Fitch issued rating criteria for RMBS Lenders’ Mortgage Insurance. Release....more
On February 28, 2018, Moody’s published a list of Outdated Credit Rating Methodologies. Release. On February 28, 2018, DBRS published an updated analysis criteria for Commercial Real Estate Property. Release....more
FRB Requests Public Comment on Proposal to Amend Regulation A - On December 4, 2017, the Federal Reserve Board ("FRB") requested public comment on a proposal to amend Regulation A to make certain technical adjustments,...more
On November 1, 2017, DBRS issued a report entitled: Rating Canadian Trade Receivables Securitization Transactions. Report. On November 1, 2017, DBRS issued a report entitled: Rating Canadian Credit Card and Personal Line...more
Federal Reserve Seeks Comments on LIBOR Alternatives - On August 24, 2017, the U.S. Federal Reserve requested public comments on a plan for the New York Federal Reserve and the Office of Financial Research to come up with...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
Financial Industry Developments - Fee Rate Advisory #3 for Fiscal Year 2017 - On May 31, 2017, the Securities and Exchange Commission ("Commission") announced that starting July 4, 2017, the fee rates applicable to most...more
Financial Industry Developments - Changes Proposed to CAS and STACR Programs - On May 8, 2017, Fannie Mae and Freddie Mac announced that they are considering certain changes to the structure of their CAS and STACR...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
Financial Industry Developments - SEC Adopts Jobs Act Amendments - On April 5, the Securities and Exchange Commission ("SEC") announced that it has adopted amendments to increase the amount of money companies can...more
On April 4, 2017, DBRS updated its methodology for rating U.S. residential mortgage-backed securities (RMBS). Report. On April 4, 2017, DBRS published its methodology for rating U.S. Property Assessed Clean Energy (PACE)...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
Financial Industry Developments - SEC Adopts T+2 Settlement Cycle for Securities Transactions - On March 22, 2017, the Securities and Exchange Commission (SEC) adopted an amendment to Rule 15c6-1(a), shortening the...more
Financial Industry Developments - House Committee on Financial Services Comments on OCC Fintech Charter - All 34 Republican members of the Financial Services Committee of the U.S. House of Representatives, including...more
On March 1, 2017, DBRS issued a report entitled: Rating U.S. Private Student Loan Securitizations. Report. On March 1, 2017, DBRS issued a report entitled: Cash Flow Assumptions for Corporate Credit Securitizations....more