SFA Research Corner: Music Royalty ABS — Remastered for Streaming and Beyond
In 2022, three music royalty ABS transactions were issued for a total of $2.6 billion, according to Finsight, a significant increase over 2021 when one transaction for $304 million came to market. Music royalty ABS are backed by the rights to future income generated by publishing or recording royalties of music catalogs. Future securitization supply is supported by an increase in music sales, powered by the streaming-subscription model, and rising interest from proven artists to cash in their rights to future income streams. Risks unique to the industry notwithstanding, the alignment of inventory and investors could expand interest in this tuneful asset class.
SFA Responds to SEC on Re-Proposed Rule on Conflicts of Interest in Securitizations
On March 27, SFA submitted a comment letter to the SEC on their re-proposed rule aimed at preventing material conflicts of interest in securitizations.
SFA Responds to FHFA’s RFI on Social Bond Disclosure Policy
On May 17, 2023, the Structured Finance Association (SFA) submitted a response to the Federal Housing Finance Agency (FHFA) Request for Input (RFI) on their Social Bonds Policy. In February 2022, the FHFA issued an RFI to better understand risks and opportunities associated with issuing single-family social bonds.
Fostering Inclusion, Stronger Allyship, and Workplace Equality
June PRIDE Event
Tuesday, June 13
4:00 PM ET
King & Spalding LLP Offices
Join SFA’s Diversity in Structured Finance Initiative and King & Spalding LLP on June 13, 2023, for a June Pride Month event, Fostering Inclusion, Stronger Allyship, and Workplace Equality with Dr. Eric Lueshen, a strategic diversity consultant.
Join 8,400+ Market Participants at SFVegas 2024
Engage | Learn | Connect
Registration is now open for Structured Finance Association’s (SFA), SFVegas 2024, taking place February 25-28, at the Aria Resort & Casino in Las Vegas. Secure your spot at a discounted rate today! Super Early bird rates are available through September 4, 2023.
SFA ESG Webinar
SFA With FEMA on the National Risk Index
As part of SFA’s work to construct ESG reporting and disclosure frameworks across securitization, SFA hosted a webinar with FEMA to discuss their National Risk Index (NRI) and its potential uses within the RMBS sector. on Tuesday, April 18. The webinar recording is available to SFA Members only.
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