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In March 2007 the Financial Stability Forum (FSF) asked that the Joint Forum consider the extent to which its March 2005 report Credit Risk Transfer (CRT) required updating as a result of the continued growth and rapid innovation in the CRT markets. The market turmoil since the summer of 2007...
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The report concludes that CRT activity (defined as indicated in the context of credit derivative-related transactions …
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context of credit derivative-related transactions) has been developing at a rapid rate characterised by significant product …
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In June 1999, a Multidisciplinary Working Group on Enhanced Disclosure (Fisher II working group) was established to provide advice to its sponsoring organisations1 on steps that would advance the state of financial institutions disclosures of financial risks in order to enhance the role of...
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This report summarises the findings of the Joint Forum’s Working Group on Risk Assessment and Capital and builds on the previous efforts of the Working Group to better understand approaches to the management of major individual risks in the banking, insurance, and securities sectors...
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