Bitcoin-backed loan securitization faces early stress

How much is too much SRT?

Supervisors have been stepping up their scrutiny of the significant risk transfer market, and several have outlined views that the market could become a financial stability problem if banks start doing too much SRT. So how much is too much?

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Moody’s carves out SRT warnings in bank rating methodology

The latest version of Moody’s Ratings bank methodology, updated last November, now includes specific language addressing banks’ use of significant risk transfers — and will potentially lead to issuers limiting their use of the tool for capital management.

ECON’s draft amendments send positive signal to CLO market

9fin | Influential members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) have tabled draft amendments to the EU’s securitisation regulation (SECR), offering what sources describe as a constructive, though preliminary, signal for the CLO market.

Bitcoin-backed loan securitization faces early stress

9fin | Before the first public-rated Bitcoin-backed loan securitization in the US market had even been priced, it was already being hit by massive volatility in the price of the crypto-collateral.