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Corporate & Securities Law
: Jim Hamilton's World of Securities RegulationBy Jim Hamilton
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Fed Gov Kroszner Views Enhanced Counterparty Credit Risk Management as Key to Securitization ReformIn the coming reform of securitization, noted Federal Reserve Board Governor Randall S. Kroszner, financial institutions must strengthen their counterparty credit risk management, mainly through more extensive stress testing. In remarks at a seminar in Geneva, he said that in the current crisis risk managers did not fully contemplate the possibility that many participants would need to unwind their read more
Full post as published by Jim Hamilton's World of Securities Regulation on December 10, 2008 (boomark / email).
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