Covered Bond Legislation In Australia And The US?

Law360, New York (January 12, 2010, 2:19 PM EST) -- The global financial crisis has been a catalyst for some dramatic shifts in the global financial landscape — some commercial (such as reduced liquidity and reduced appetite for risk) and others regulatory.

For financial institutions which previously relied heavily on securitization to attract offshore funding, the global financial crisis has proved challenging; as we all know, the securitization market has effectively been closed for the past 12 months (although there have been signs of life more recently).

The market for covered bonds, on the other hand,...
To view the full article, register now.