I suspect that this year FINTRAC is going to focus more on reporting compliance by real estate professionals and will also be directing its resources on ensuring that all reporting entities comply with counter terrorist financing obligations for the protection of all Canadians. (remonline.com)
Bond rating services now warn the U.S. to get its books in order or face potential downgrades, which would make financing its obligations more costly. (canadianbusiness.com)
It was not until the development of the ABX indexes — which allowed investors to buy and sell credit default swaps on pools of structured finance obligations — that investors had a vehicle that allowed them to short subprime mortgage - backed securities more easily.6 (newyorkfed.org)