Prachi Gokhale, a partner in the Structured Finance and Securitization practice, will speak on "European STS and Risk Retention: How will they Impact the Cross Border Investor and Issuer?" at 4:40 p.m. on Sunday, September 22. Topics to be discussed include:
- Implications for the United States in a post-EU STS implementation world.
- EU and United States compare and contrast; impact on cross-border issuance and investment.
- Divergent risk retention schemes, alternative reference rates, European STS requirements, risk-free rates: will we ever find common ground or is this the death knell of a truly global and liquid ABS market?
- Are domestic investors essentially incentivized to avoid Europe at all costs now?
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