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Results: 1-10 of 32

Proposals for the regulation of shadow banking postscript
  • Stikeman Elliott LLP
  • Canada
  • May 24 2013

Short term investors are extremely risk-adverse. They demand two things at minimum - ready access to and the safety of their principal. When risk


Recent developments in the Regulation of Shadow Banking
  • Stikeman Elliott LLP
  • Canada
  • November 15 2013

Over the summer and fall shadow banking regulation moved forward on several fronts. First, the SEC proposed rules that would reform the way money


'We are all macro-prudentialists now': the brave new world of systemic risk
  • Stikeman Elliott LLP
  • Canada
  • June 25 2012

It wasn’t long after the immediate, frenzied response to the financial crisis that governments and regulators began to turn their minds to the fault lines that had been exposed in the financial system as a whole and to ways in which these could and should be addressed


Risk retention redux: the international context
  • Stikeman Elliott LLP
  • Canada
  • May 7 2012

In comparison to the ongoing regulatory onslaught in Europe and the United States, we in Canada appear to have gotten off pretty lightly and may even have felt that this was completely justifiable given our country’s performance and the high performance standards maintained by Canadian assets throughout the financial crisis


CSA proposed securitized products rules - contrast to U.S. approach
  • Stikeman Elliott LLP
  • Canada, USA
  • May 2 2011

Pursuant to Reg AB II, the Dodd-Frank Act and the rules implementing that Act (the “U.S. Proposals”), U.S. authorities have proposed the most far-reaching substantive and procedural regulations ever applied to the ABS market


Final Dodd-Frank ABS rules:representations and warranties and review of assets
  • Stikeman Elliott LLP
  • Canada
  • February 10 2011

As described in a number of previous posts, in October, the SEC published two proposals for rules mandated by the Dodd Frank Act: (i) those related to representations and warranties in ABS securities offerings; and (ii) those requiring any issuer of registered ABS to perform a review of the assets underlying the ABS


Dodd-Frank proposed risk retention rules and safe harbour for foreign transactions
  • Stikeman Elliott LLP
  • Canada, USA
  • May 9 2011

On March 29, 2011, the SEC together with a number of other federal regulators and agencies proposed rules relating to risk retention for securitizations which had been mandated by the Dodd-Frank Act in order to "provide a sponsor with an incentive to monitor and control the quality of the assets being securitized and help align the interests of the sponsor with those of investors in the ABS"


SEC proposals on ABS: expansion of potential liability
  • Stikeman Elliott LLP
  • Canada, USA
  • October 7 2010

In our previous piece on the proposed Waterfall Computer Program requirement, we touched upon the unprecedented extension of securities law liability to the functionality of the computer program


SEC's shelf eligibility re-proposal: still a long way to go
  • Stikeman Elliott LLP
  • USA
  • August 25 2011

In April, 2010 the SEC proposed a number of rules relating to shelf eligibility and various disclosure requirements in respect of asset-backed securities (the April 2010 Proposals


CSA proposed securitized products rules - parties, part I
  • Stikeman Elliott LLP
  • Canada
  • April 12 2011

Proposed Form 41-103F specifies the supplementary prospectus disclosure requirements for distributions of securitized products