18.11.2014 20:47:00
|
Moody's: Credit Card ABS transaction features vary across the globe
New York, November 18, 2014 -- The structures of credit card asset-backed securities (ABS) in different jurisdictions incorporate structural features to adequately address the credit risks inherent in such securitizations. In a new report, "Credit Card Asset-Backed Securities: A Global Comparison," Moody's Investors Service compares and contrasts the transaction features of credit card ABS in the US, UK, Canada, Japan and Korea.