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 Responds to the European Banking Authority
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.
Disconnect Between Credit Professionals and Financial Markets
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.
COVID-19 Regulatory Guidelines
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.
Bleakest Default Outlook Since 2008
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.
IACPM Issues a Joint Association Letter on Credit Insurance’s Role During Covid-19
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.
IACPM Responds to ESMA on Securitisation Repository Data Completeness Guidelines
The IACPM responded to the European Securities and Markets Authority on the Guidelines on securitisation repository data completeness and consistency thresholds.
Effective Use of Capital Relief Trade Transactions
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.
Credit Conditions May Not Worsen in Near Future
There is certainly no shortage of challenges facing global financial markets but, for the moment, many appear to be on the back burner.
IACPM Submits Responses to EC Basel III Consultation
The IACPM submitted responses to questions n°109 and n°146 of the EC Consultation on Basel III review.