Greek Covered Bond Commitments Are Stronger than EU Directive | Hellenic Shipping News Worldwide
Greece’s implementation of the EU Covered Bond Directive will bolster the country’s legal framework for covered bond issuance by making liquidity protection mandatory, Fitch Ratings says. In practice, Fitch-rated programmes already address key risks through contractual arrangements or public commitments which are typically more stringent that those in the Directive, notably in relation to liquidity ...
Source: hellenicshippingnews.com