Regulation and government support can be important factors underpinning cash flow analysis in corporate securitizations and can also have a significant effect on a transaction’s debt leveraging capacity, according to a report published by Standard & Poor’s Structured Finance Ratings group. The report says that some businesses with marginal financial profiles can be relatively creditworthy because of government support or the predictable regulatory environment of their industry. Credit Analyst Elena Folkerts-Landau, a director in the Structured Finance group in London said, ‘The performance of commercial mortgage-backed debt is relatively vulnerable to economic recessions and refinancing risk. As a result, regulated housing securitizations tend to benefit from greater cash flow predictability, allowing higher debt levels and longer debt maturities for similar rating levels’.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more