“A number of banks are happy. They wish it had come sooner, but I think there are many happy people that now have a pass to move forward with these deals with a high degree of confidence,” says Matthew Bisanz, partner at Mayer Brown in New York.
He spoke with SCI regarding the Federal Reserve’s recent guidance on the capital treatment for CRTs based on both SPVs and CLNs, ushering in increased clarity and potentially catalysing greater issuance in the US capital relief trades market
He spoke with SCI regarding the Federal Reserve’s recent guidance on the capital treatment for CRTs based on both SPVs and CLNs, ushering in increased clarity and potentially catalysing greater issuance in the US capital relief trades market
