The report concludes that CRT activity (defined as indicated in the context of credit derivative-related transactions) has been developing at a rapid rate characterised by significant product innovation, an increasing number of market participants, growth in overall transaction volumes, and...

The attached report responds to a request by the Financial Stability Forum (FSF) for the Joint Forum to undertake a review of credit risk transfer (CRT) activity. ... The report concludes that CRT activity (defined as indicated in the context of credit derivative-related transactions) has been...

The Joint Forum of banking, securities, and insurance supervisors has been engaged in an effort to better understand risk management practices cross all three sectors. The purpose of this paper is to foster dialogue amongst financial firms and supervisors around issues related to the transfer of...

The Joint Forum of banking, securities, and insurance supervisors has been working to enhance mutual understanding of issues related to the supervision of firms operating in each of the respective sectors. This report responds to the parent committees’ request to compare approaches to risk...