'Leading-Practice Disclosures for Selected Exposures'
12 Apr 2008
The Senior Supervisors Group of financial regulators from major countries has published a set of recommendations for Leading-Practice Disclosures for Selected Exposures.
The report responds to the Financial Stability Forum's request that the Senior Supervisors Group undertake a review of disclosure practices regarding exposures to certain instruments that the marketplace now considers to be high-risk or to involve more risk than previously thought, including:
- collateralised debt obligations,
- residential mortgage-backed securities,
- commercial mortgage-backed securities,
- other special purpose entities, and
- leveraged finance.