Publications
CLOs and Risk Retention in the U.S. and EU: Complying with the Rules
April 2016
Over the past year, there have been regulatory actions that implement or modify the risk retention regulations and requirements applicable to collateralized loan obligations (“CLOs”) in both the U.S. and the EU. In light of these regulatory changes, CLO managers have developed legal structures to enable them to comply with risk retention requirements. In this chapter, published in the 2016 edition of The International Comparative Legal Guide to: Securitisation, partners Craig Stein and Paul N. Watterson, Jr. review the U.S. and EU risk retention requirements and discuss the challenges facing CLO managers in complying with the requirements. Partner Anna Maleva-Otto assisted in the preparation of this chapter.
The International Comparative Legal Guide to: Securitisation is published by Global Legal Group Ltd, London.
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