The volume of activity in sovereign credit default swaps linked to the US, UK and Japan have doubled in the past year because of concerns about their public finances.
Read the whole story @ FT Alphaville
The volume of activity in sovereign credit default swaps linked to the US, UK and Japan have doubled in the past year because of concerns about their public finances.
Read the whole story @ FT Alphaville
Australia’s securities regulator is in the process of designing a range of disclosure and transparency rules to inject confidence into the domestic securitization market and ensure regulatory oversight moves in step with global peers, an official said Wednesday.
The measures are part of a concerted global push to restore faith in securitization markets and reduce the kind of exposures which brought the global financial system to a shuddering halt in 2007 as investors fled structured products.
Read the whole story @ WSJ