Last Thursday, October 8th, SFIG held its 2015 Fall Symposium at the New York City offices of PricewaterhouseCoopers. SFIG Senior Director of ABS Policy Sairah Burki opened the symposium with a discussion of recent developments related to high quality securitizations (“HQS”), including the final Basel Committee on Banking Supervision and International Organization of Securities Commissions framework and the adoption of related legislation by the European Commission as part of its Capital Markets Union Action Plan.
Following the overview of HQS, SFIG Senior Advisor Kristi Leo moderated a panel that included representatives from two marketplace lending platforms, an investor, lawyer and rating agency expert. The panel provided an overview of the marketplace lending industry, including differences in business models, ratings implications and servicing standards.
SFIG is actively engaged in advocacy on both HQS and marketplace lending. To join either committee and learn more, please contact Amanda.Bateman@sfindustry.org.