Securitization Showdown
May 19th, 2009 admin
Yesterday, the FASB concluded its deliberations on the amendment of Statement 140 (Transfers of Assets) and FIN 46R (Consolidation of Variable Interest Entities). You can see the briefing document here. The amendment will go into effect at the beginning of fiscal 2010, and it will cover new and existing securitizations and variable interest entities. Heavy securitizers More…
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