In February, SFA wrote a white paper on regulatory issues in Credit Risk Transfer (CRT) transactions, or structures that involve the transfer of credit risk of all or a tranche of a portfolio of financial assets. The white paper outlined the life of a typical CRT transaction, while providing several options for pool-level or portfolio CRT: Cash Securitization, Corporate Debt (Credit Linked Notes), Synthetic Trust Structures, and Bilateral Credit Protection (Eligible Guarantors).

Read SFA’s Credit Risk Transfer white paper here.