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Clifford Chance

Clifford Chance


Non-Payment Insurance as Credit Risk Mitigation Under Regulation Q

2 May 2017

Following the 2008 financial crisis, bank regulators around the world enacted wide-ranging reforms to reduce the risk of future crises. These reforms were predominantly drawn from a comprehensive set of post-crisis reform measures developed by the Basel Committee and have been implemented in substantially similar fashion by the European Union, Japan and the United States.

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