Technical questionnaires

In summary

The Technical Issues Working Group of the European Covered Bond Council (ECBC) presents the results of a questionnaire describing the key features in different covered bond frameworks, available on www.ecbc.eu

All results

The results can be accessed by framework (for example, French Obligations Fonciéres), country (all three French frameworks), or through a comparison of up to five different frameworks, then viewed either online or printed out/saved in pdf format. Questionnaire results can also be broken down into eight different chapters, for example, Structure of the Issuer, Cover Assets or Asset-Liability Guidelines.

The information on the website was compiled and is maintained by national experts and covered bond specialists, as well as often reviewed by a country's covered bond issuers. We are committed to maintaining the information on the database (for example as new legislation is introduced). However, we cannot accept any liability for any errors, omissions or inaccuracies etc. and refer users to the disclaimer at www.ecbc.eu.

Contact

Should you have any comments or suggestions, please contact the ECBC Secretariat at ecbcinfo@hypo.org

STRUCTURE OF THE ISSUER
FRAMEWORK
COVER ASSETS
VALUATION OF THE MORTGAGE COVER POOL & LTV CRITERIA
ASSET-LIABILITY GUIDELINES
COVER POOL MONITOR & BANKING SUPERVISION
SEGREGATION OF ASSETS & BANKRUPTCY REMOTENESS OF COVERED BONDS
RISK WEIGHTING & COMPLIANCE WITH EUROPEAN LEGISLATION

Special thanks

The Technical Issues Working Group would like to thank the following experts completing and maintaining the questionnaires:

ChairmanRalf Grossmann, Société Générale
AustriaRoland Berger, Bank Austria Creditanstalt and Michelle Bradley, Morgan Stanley
BulgariaYolanda Hristova, UniCredit Bulbank and Franz Rudolf, UniCredit
CanadaHiren Lalloo and David Power, RBC
DenmarkSvend Bondorf, Nykedit and Mette Saaby Pedersen, Realkreditraadet
FinlandRalf Burmeister, LBBW and Martti Porkka, Aktia
FranceCRH - Henry Raymond, CRH
General Law CBs - Boudewijn Dierick, BNP Paribas
Obligations Foncières - Francis Gleyze, 3CIF
GermanyOtmar Stöcker, vdp
GreeceAlexander Metallinos, Karatzas & Partners
HungaryAndras Botos, Hungarian Association and Andre Hovora, DZ Bank
IrelandNicholas Pheifer, Depfa and Mike Percival, IBF
ItalyAlfredo Varrati, ABI
LuxembourgReinolf Dibus, Eurohypolux and Frank Will, RBS
NetherlandsKees Westermann, Clifford Chance
PolandAgnieszka Drewicz-Tulodziecka, Mortgage Credit Foundation
PortugalAlda Pereira, CGD and Tanja Goudarzi Pour, Société Générale
RussiaTim Lassen, Eurohypo
SlovakiaViktoria Muckova, Bratislava University of Economics and Florian Hillenbrand, UniCredit
SpainJuan Garcia Muñoz, AHE
SwedenTomas Tetzell, Association of Swedish Covered Bond Issuers
TurkeyFritz Engelhard, Barclays Capital and Batuhan Tufan, Garanti Bank
United KingdomFritz Engelhard, Barclays Capital and Neil Sankoff, HSBC
United StatesSabine Winkler, Merrill Lynch

European Covered Bond Fact Book

European Covered Bond Fact Book
ECBC Covered Bond Fact Book 2010

Upcoming events

Steering Committee meeting - Zurich, 21st September 2010

Plenary meeting - Zurich, 22nd September 2010

Technical Issues Working Group - Rome, 6th October 2010

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