Fitch Ratings yesterday published an exposure draft on disclosing the retention of the equity piece risk. This move is aimed at improving transparency in the global structured finance markets.

The rating agency wants comments regarding its proposal to transaction originators, sponsors, servicers and asset managers to disclose whether they retained the economic risk of the equity piece or first loss piece in Fitch-rated structured finance transactions where they are a transaction party.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.