Who knows best?
- Posted by Mark Daley
- On 8 June 18
- AFME, Covered Bonds, ICMA, Insolvency Laws, Securities, STS
A letter sent jointly by AFME, ICMA, and various pan-European, Dutch and German trade bodies repeats the points you have read in this blog about the continuing very uneven playing field for securitisation compared to other fixed income instruments, and especially covered bonds: for Solvency II, the risk factors remain too high for non-senior tranches […]