Yearly Archives: 2026

The Past is Prologue

The Past is Prologue Availability of SEC Registration for Canadian Covered Bonds In 2012, the SEC Staff granted no action relief to Royal Bank of Canada to register covered bonds on a Registration Statement on Form F-3.  Even though covered … Continue reading →

UK Overseas Recognition Regimes

UK Overseas Recognition Regime The UK Government today published a response to the Policy Update 2025 setting out HM Treasury’s approach to replacing the existing equivalence regimes inherited from the EU and in the UK CRR with legislation which is … Continue reading →

GSE Change Status?

GSE Change in Status? Will the status of the GSEs ever change? It is questionable whether any change can be accomplished in a midterm election year. We have seen some action in 2025. There is a strong concern whether the … Continue reading →