Asset-backed commercial paper (ABCP)
Revival of off-balance-sheet financing merits close scrutiny
Banks need more diverse funding sources, but new structures must be vetted carefully
Supervisors seek to manage shadow banking risks
Chasing shadows
Supervisors on the tracks of shadow banks
Chasing shadows
Jump-start needed
Securitisation
Power to the people
ABCP Conduits
Dragged down
Monolines
Securitisation specialists urge last-minute changes to Basel II
The securitisation industry is keeping the pressure on in the hope of some last-minute fine-tuning of the new Basel Accord, due for completion in mid-2004.
SPV Ruling: Counting the cost
The recent crop of high-profile accountancy scandals has forced the US accounting regulator to clamp down on the 'creative' use of special purpose vehicles to shift liabilities off balance sheet. Saskia Scholtes investigates the ramifications for firms…
Japan's SMEs facing funding crisis
Japan's small and medium-sized enterprises (SMEs) are facing the worst funding crisis since the 1997/98 Asian financial meltdown, according Hiroshi Nakaso, associate director of the financial markets department at the Bank of Japan, speaking at Risk…