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A publication of
Winter issue 2016 sponsored by
CRE Finance World Winter 2016
23
1 TLAC applies to global systemically important banks as one measure
intended to ensure an end to too-big-to-fail by requiring higher capital
and some component of convertible debt.
2 The Basel Committee on Banking Supervision is finalizing several work
streams that will apply to CRE portfolio loans and CMBS that are expected
to be finalized in early 2016, and then will require U.S. rulemaking.
3 The NSFR, which has yet to be proposed in the U.S., will require banks
to hold a certain amount of stable debt and deposits depending on the
perceived riskiness of the assets generated by the business line.
4 HVCRE applies to acquisition, development and construction lending
and requires that all banks hold 1.5 times as much capital as in the past
against such loans.
5 Citigroup published a 2016 outlook, which reportedly included this
point: “The cumulative probability of U.S. recession reaches 65
percent next year. Curve inversion will likely come more quickly than
the consensus thinks.”
6
https://www.bis.org/publ/qtrpdf/r_qt1512g.pdfPutting “Risk On” in 2020
a b Collaborating for success At UBS, we believe strong, supportive partnerships help enable people to make confident decisions about the directions they take. That’s why we’re pleased to support the CRE Finance Council at the CREFC Industry Leaders Conference. © UBS 2016. All rights reserved.INCL00001670761_Ad_ver02.indd 1
11/28/2015 1:09:19 AM
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