Waves of government stimulus have stabilized corporate loan portfolios, but IACPM members voice concern about possible long-term impact of the mammoth amount of liquidity.
IACPM provided comments to the European Banking Authority on the revised guidelines for significant risk transfer (SRT) under the CRR. The EBA had requested feedback to the December 2017 SRT published rules.
Credit professionals forecast wider credit spreads and rising loan defaults; a stark contrast to results in global financial markets which, after a steep drop at the onset of the pandemic, have largely recovered.
To support its membership in these challenging times, the IACPM has compiled a reference list by jurisdiction of published COVID-19 Regulatory Guidelines relevant to the Credit Portfolio Management Function.
The outlook for rising global corporate debt defaults over the next 12 months is the most pronounced since the first outlook survey was taken at the end of 2008 at the beginning of the Great Recession.
In a joint association letter to the European Commission, the IACPM highlights credit insurance's role in bank lending facilitation during the Covid-19 crisis.
The IACPM responded to the European Securities and Markets Authority on the Guidelines on securitisation repository data completeness and consistency thresholds.
The IACPM, Open Source Investor Services (OSIS) and Global Credit Data (GCD) have partnered to present the results of a recently completed research paper on the effective use of Capital Relief Transactions.
There is certainly no shortage of challenges facing global financial markets but, for the moment, many appear to be on the back burner.
The IACPM submitted responses to questions n°109 and n°146 of the EC Consultation on Basel III review.