Basel Committee

NPR: under wraps, for now

Considering last month’s US regulator conference should have covered the notice of proposed rulemaking in some depth, any information on NPRs was noticeably scant. By Ellen Davis

Living with recognition

Under new accounting rules implemented this year, the majority of Europe's asset-backed securities transactions will now have to be recognised on balance sheet. Will this lead to a drop in securitisation volumes? Duncan Wood reports

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