Key influential stakeholders including the IMF have reiterated that “private creditors should also provide comparable treatment”, Moody's analysts will revisit the risk of losses for private creditors of DSSI-participating sovereigns that have prompted a number of recent rating actions.

What will be discussed: 
  • Two months on an increasing number of low-income sovereigns are subscribing to the liquidity relief initiative, with some governments expressly stating their commitment to remain current on private sector obligations.
  • Yet private creditors participation remains a possibility given the current and historic position of part of the official sector on the topic, prompting the initiation of a number of reviews for downgrade for some DSSI-participating sovereigns.
  • Understanding the circumstances behind why reviews for downgrade have been initiated for some DSSI-participating sovereigns, whereas for others the risks to private sector creditors are already inherently captured in existing rating levels.
Speakers:
  • Rahul Ghosh, Senior Vice President - Emerging Markets Research and Outreach (Moderator)
  • Matt Robinson, Associate Managing Director
  • Lucie Villa, Vice President - Senior Credit Officer
  • Aurelien Mali, Vice President - Senior Credit Officer

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches