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2006

IACPM Releases Letter Calling for Standard Cancellability in LCDS Contracts

New York, NY –The International Association of Credit Portfolio Managers today released a letter calling for the inclusion of standard cancellability provisions in LCDS contracts, or agreements involving credit default swaps on loans. In its letter, the IACPM points out risk managers use LCDS to hedge specific obligations, usually syndicated secured loans, and need to be …

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ISDA, IACPM Study Supports Internal Credit Models Approach

The International Swaps and Derivatives Association (ISDA) and the International Association of Credit Portfolio Managers (IACPM) have published a credit capital model study that suggests regulators should consider an internal models-based approach for the calculation of regulatory capital, similar to the use of VAR models for market risk. The study, which compares the results of …

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New Associate Director Marcia Banks Joins IACPM

New York, NY – The International Association of Credit Portfolio Managers, (IACPM), a professional association dedicated to the advancement of credit portfolio management, today announced that Marcia Banks has joined the organization as Associate Director. Ms. Banks will work with Som-lok Leung, Executive Director of IACPM, to help foster the organization’s growth and development and expand …

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