ICMA: Investors launch transparency initiative for covered bonds
14 April 2011
The proposal issued for consultation includes a detailed list of the required data fields and their definitions, agreed by investors. The aim is that the exercise will result in the publication of widely-accepted voluntary standards of disclosure for covered bond issuers in Europe by September 2011.
ICMA Covered Bond Investor Council (CBIC), an industry body representing a diverse range of investors in the European covered bond market, and operating under the auspices of the International Capital Market Association, has today launched an initiative aimed at setting transparency standards for covered bonds.
© ICMA
