IFRS 9 credit event pay-out challenged

Category: Capital Relief Trades Regulation


Previous Story       Next Story

Synthetic securitisations are unlikely to trigger CDS credit events following an increase in IFRS 9 provisions, given that such events are expected to be traditionally defined. Capital relief trade issuers therefore do not expect much disruption from IFRS 9 transactions, other than the added benefit of mitigating the accounting standard's provisioning impact.

Already registered?

Not yet registered? Join today to access SCI Content.

-