ESF proposes CDO reporting format to help investors

12/13/2007 | Reuters

With structured finance markets in the middle of the credit crunch, the European Securitisation Forum, an affiliate of SIFMA, has issued a draft format for uniform reporting on collateralised debt obligations in Europe. "Adoption of a standardised data file format across the industry will enable investors, rating agencies, regulators and other market participants to compare CDO deals on an apples-for-apples basis, improving the current surveillance and analysis processes," said Rick Watson, head of the European Securitisation Forum.

View Full Article in:

Reuters

Published in Brief: