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Central banks increase liquidity support to global financial system

  • Orrick Herrington & Sutcliffe LLP
  • -
  • Canada, European Union, Japan, Switzerland, United Kingdom, USA
  • -
  • December 5 2011

On November 30, the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Fed and the Swiss National Bank announced coordinated actions to increase their capacity to provide liquidity support to the global financial system

Rating agency developments

  • Orrick Herrington & Sutcliffe LLP
  • -
  • Canada, USA
  • -
  • March 28 2011

On March 23, S&P issued a request for comment on proposed changes to its covered bond criteria for assessing counterparty and supporting party risk