On March 11, Moody’s issued a revised rating methodology for Transactions Backed by Trade Receivable Obligations. Methodology. On March 8, Fitch issued criteria relating to Counterparty Risk Assessment in Relation to the...more
On March 6, Moody’s published a rating methodology for Publicly Managed Airports and Related Issuers. Methodology. On March 5, Fitch published its updated rating criteria for Aircraft Operating Lease ABS. Criteria....more
On January 30, DBRS published a report entitled: Master European Structured Finance Surveillance Methodology. On January 30, S&P published a report entitled: Incorporating Sovereign Risk in Rating Structured Finance...more
On January 3, DBRS published a global rating methodology for Rating Life and P&C Insurance Companies and Insurance Organizations. Release. On January 2, DBRS published its Master U.S. ABS Surveillance Methodology. 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
SEC Proposes Rules to Implement FAST Act Mandate to Modernize and Simplify Disclosure - On October 11, 2017, the Securities and Exchange Commission (SEC) proposed amendments "to modernize and simplify disclosure...more
Financial Industry Developments - CFPB Finalizes Effective Date Extension for Prepaid Accounts Rule - On April 20, 2017, the Bureau of Consumer Financial Protection (CFPB) issued a final rule to delay the...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 February 22, 2017, DBRS issued a report entitled DBRS Criteria: Recovery Ratings for Non-Investment Grade Corporate Issuers. Report. On February 22, 2017, DBRS issued a report entitled Rating Companies in the Services...more
Financial Industry Developments - CTFC Approves Re-Proposal of Position Limits Regulation - On December 5, 2016, the U.S. Commodity Futures Trading Commission ("CFTC") unanimously approved to re-propose rules that...more
On December 7, 2016, Moody’s published its ratings methodology for sustainable net cash flow and value for CMBS and CRE CDO CLO real estate collateral in the Americas and ex-Japan Asia Pacific. Report. On December 6,...more
On October 26, 2016, Fitch published its updated Criteria for Interest Rate Stresses in Structured Finance Transactions and Covered Bonds. Press Release. On October 26, 2016, Fitch published its updated Covered Bonds Rating...more
On October 11, 2016, S&P published its methodology for surveilling ratings of U.S. residential mortgage-backed securities principal only strip securities. Report. On October 7, 2016, Moody’s published its rating methodology...more
SEC Adopts Rules for Enhanced Regulatory Framework for Securities Clearing Agencies - On September 28, 2016 the Securities and Exchange Commission ("SEC") voted to adopt new rules to establish "enhanced standards for the...more
On September 14, 2016, DBRS published its methodology for rating European structured finance transactions. Report. On September 14, 2016, DBRS published and is requesting comment on its methodology for rating European...more
Financial Industry Developments - Agencies Publish Study on Banking Activities and Investments under Dodd-Frank - On September 8, 2016, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance...more
Financial Industry Developments - CFTC Announces Measures to Enhance Protection of Customer Funds - On August 8, 2016, the U.S. Commodity Futures Trading Commission (CFTC) announced three separate enhancements...more
On July 11, 2016, DBRS issued a report entitled Rating U.S. Retail Auto Loan Securitizations. Report. On July 7, 2016, S&P issued a report entitled ABS: U.S. Structured Settlement Securitizations: Methodology And Assumptions....more
On July 6, 2016, Moody’s published its rating methodology for European Social Housing Providers. Report. On July 5, 2016, Fitch updated its global surveillance criteria for structured finance CDOs. Report....more
On June 21, 2016, Fitch issued a report titled: Rating Non-Financial Corporates Above the Country Ceiling. Press release. On June 20, 2016, Fitch issued a report titled: Canadian RMBS Loan Loss Model Criteria. Press release....more
On June 14, 2016, DBRS issued a report entitled: General Corporate Methodology. Report. On June 14, 2016, DBRS issued a report entitled: DBRS Criteria: Evaluating Corporate Governance. Report. On June 14, 2016, DBRS issued a...more
On May 3, 2016, DBRS published its rating methodology for pooled aircraft lease securitizations. Report. On May 3, 2016, DBRS published its master U.S. ABS surveillance methodology. Report. On May 3, 2016, S&P published its...more
On April 22, 2016, DBRS published an updated report on rating Canadian Covered Bonds. ...more
Commission Sends MiFID II Draft RTS Back to ESMA for Revision - On March 17, Markus Ferber, MEP, the European Parliament's Rapporteur for MiFID II, published a press release announcing that the European Commission had...more
Bureau of Consumer Financial Protection Issues Policy on No-Action Letters - On February 18, the Consumer Financial Protection Bureau issued a new policy statement on No-Action Letters. Under the Policy, Bureau...more