Investment capital provided by capital markets and underwriting capital provided by insurance markets are not interchangeable.
News
Enhancing Risk Transfers: Synthetic vs. True Sale to Achieve SRT
True sale and synthetic SRTs are not as effective when a bank wants to achieve Significant Risk Transfer and release capital.
IACPM Responds to the US Basel Endgame Consultation
The IACPM submitted a response letter to the U.S. Basel Endgame Consultation, highlighting numerous topics of significance to its members.
IACPM Responds to the PRA Consultation 2/26 and FCA Consultation 26/6
The IACPM responded to the PRA Consultation 2/26 and FCA Consultation 26/6 on proposed rules for reforming the UK Securitisation Framework.
IACPM Letter to Commissioner Maria-Luis Albuquerque Highlights Barriers that will Continue to Limit Participation and Risk Sharing Market Depth
As the Draghi and Letta reports suggest, funding alone will not change the macroeconomic picture in Europe.
IACPM Signs a Joint Associations’ Letter on Proposed Sanctioning Regime under the Securitisation Regulation
The IACPM signed a joint associations letter to urge Members of the ECON Committee to decide against the introduction of a dedicated sanctioning regime.
IACPM Responds to the European Commission’s Targeted Consultation on EU Banking Sector Competitiveness
The IACPM responded to the targeted consultation of the European Commission on EU banking sector competitiveness, by focusing on the regulatory barriers to the usage of credit risk mitigation tools.
Synthetic, but how much risk transfer?
The ECB published on March 27, 2026, the Working Paper No 3210 “Synthetic, but how much risk transfer?” which analyses the effects of SRTs on banks’ behaviour, including changes in portfolio riskiness, leverage ratio, monitoring efforts, and interconnections.
IACPM Responds to OSFI’s Draft Capital Adequacy Guidelines (CAR)
The IACPM responded to OSFI’s Draft Capital Adequacy Guidelines (CAR) focusing on SRT and CRI in our response.
IACPM Responds to the European Commission’s “Have Your Say” on the EU Securitisation Package
The IACPM has responded to the European Commission’s “Have your Say” (feedback period of 15 December 2025 – 09 February 2026), on the EU Securitisation package.