SCI Start the Week - 16 January

SCI Start the Week - 16 January

Monday 16 January 2023 11:08 London/ 06.08 New York/ 19.08 Tokyo

A review of SCI's latest content

SCI ESG Securitisation Awards 2023

The submissions period has opened for the 2023 SCI ESG Securitisation Awards, covering the European cash securitisation market over the 12 months to 31 December 2022. Nominations for the awards should be received by 15 February and winners will be announced at the London SCI ESG Securitisation Seminar on 25 April. For further information about the SCI ESG Securitisation Awards, click here:

Last week's news and analysis

Balancing the equation
Positive start for CLO assets and liabilities

Capital boost
Capital requirements set to rise

Correlation risk
New report sheds light on post Covid correlations

First CAS since September
B1 levels contract

Tight pricing persists
BNP Paribas executes synthetic securitisation

Unemployment eyed
Labour market key to Euro ABS outlook

For all of last week’s stories including ‘Market moves’ and ‘Risk transfer round-up’ click here.

In the latest episode of the ‘SCI In Conversation’ podcast, we chat to Reed Smith partner Iain Balkwill about prospects for a CRE CLO market in Europe. To access the podcast, search for ‘SCI In Conversation’ wherever you usually get your podcasts or click here.

SCI Markets
SCI Markets provides deal-focused information on the global CLO and European/UK ABS/MBS primary and secondary markets. It offers intra-day updates and searchable deal databases alongside CLO BWIC pricing and commentary. Please email David McGuinness at SCI for more information or to set up a free trial here.

Recent premium research to download
CEE CRT activity - January 2023
Polish SRT issuance boosted synthetic securitisation volumes last year. This Premium Content article assesses the prospects for increased activity across the CEE region.

CRE back leverage - December 2022
Private debt funds are gaining CRE market share via back leverage structures. This Premium Content article explores how these facilities can optimise risk, tax and regulatory treatment.

CRT regulatory storm - December 2022
Concern over the future viability of synthetic securitisation is rising, in light of the impending Basel output floor and the EBA’s synthetic excess spread proposals. This Premium Content article investigates whether such regulatory change is likely to be as severe as it seems.

BNPL Securitisation - December 2022
The cost-of-living crisis and growing regulatory scrutiny are set to shape the evolution of the BNPL securitisation sector. This Premium Content article explores what the next 12 months may bring for the asset class.

Upcoming SCI events
SCI's 7th Annual Risk Transfer & Synthetics Seminar
9 February 2023, New York

SCI’s 2nd Annual ESG Securitisation Seminar
25 April 2023, London

SCI's 9th Annual Capital Relief Trades Seminar
19 October 2023, London