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Mexican transport conglomerate Grupo TMM has closed a further US$25 million of certificates under a receivables securitisation programme, worth a total US$76.3million, the company announced. The certificates have the same terms as the certificates issued on August 19, 2003, and...
#bank#commercial finance#receivables
To date, it appears that no securitisation of receivables, whether domestic or cross-border, has been accomplished in Russia due to…
#securitisation
The Portuguese government has introduced several changes to the 1999 Securitisation Law with a view to improving the domestic securitisation…
#capital requirements#management#receivables
The banking industry's effort to dispose of its bad assets via the special purpose vehicle route is doomed to fail…
Senator Olympia Snowe introduced legislation that authorizes the Small Business Administration (SBA) to establish a three-year pilot programme that will…
Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging…
#banks#financial institutions#interest
Two crucial provisions in the Securitisation and Reconstruction of Financial Interest and Enforcement of Security Interest Act, enabling banks and…
The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…
#conference#financial institutions#investment
A report by Moody's Investors Services, last year confirmed the UK and Ireland as the biggest player in the European…
#economy#interest#securitisation