Capital Relief Trades Virtual Panels

SCI will host Capital Relief Trades discussion panels online to provide a much needed information platform as we wait for live events to return later in the year. Join us as we offer these exciting panels over the next several weeks. 

Modeling panel

21 July 2020, 02:00 PM BST

— Can the Covid-19 fallout and measures to combat it effectively be incorporated into stress tests and due diligence approaches?

— Should SA and IRB models be recalibrated to take the coronavirus crisis into account?

— Is the need to restart the economy and transmit credit efficiently likely to result in a relaxation of securitisation rules?

Panel includes:

Giuliano Giovannetti , Moderator, Co-Founder, Granular Investments

Paul Petkov, Broker - Structured and Bespoke Solutions, Texel

Boudewijn Dierick, Managing Director, BNP Paribas

Jeroen Batema, CEO, OSIS

Panos Mizios, Director, PwC

Portfolio Rebalancing & Secondary Market Virtual Panel 
9 July 2020, 02:00 PM BST

— Have capital relief trade secondary market opportunities increased as a result of the coronavirus fallout?

— Is portfolio rebalancing activity likely to significantly alter the composition of the CRT investor base?

— Has the rise in CDS spreads triggered margin calls on leverage positions?

Panel includes:

Molly Whitehouse - Newmarket (Moderator)

Kaelyn Abrell - Arrowmark

Frank Benhamou - Barclays

Steve Gandy - Santander

 

Debt Moratoria Virtual Panel

25 June, 2020 03:00 PM BST

— Is the implementation of debt moratoria to address Covid-19 stress likely to increase banks’ capital needs?

— How do capital relief trades stack up against other capital raising alternatives, such as the issuance of equity or hybrid instruments, in the current environment?

— How should CRT issuers approach the accounting and forecasting challenges posed by forborne exposures? 

Panel includes:

Giovanni Inglisa, Structured Finance Manager, European Investment Fund (Moderator)

Salim Nathoo, Partner, Allen & Overy

Yuri Greenfield, Managing Director, Deutsche Bank

Olivier Renault, EMEA Head of Financial Institutions Solutions, Citi

Giuliano Giovannetti, Co-Founder, Granular Investments

Market Overview Virtual Panel 

— Is the regulatory relaxation introduced to address Covid-19 stress supportive of the capital relief trades market?

— Has the fallout from the crisis altered the balance between protection sellers, protection buyers and supervisory authorities?

— How has the crisis impacted banks’ CRT issuance plans?

Panel includes:

Molly Whitehouse - Director, Mariner Investment Group (Moderator)

Alan Ball - Broker, Structured and Bespoke Solutions, Texel

David Wainer - Partner, Allen & Overy

Robert Bradbury - Managing Director, StormHarbour

Frank Benhamou - Managing Director, Barclays